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2026 CITY BUDGET

Salary Needed to Live in New York City

Estimate the salary needed to live in New York City using rent, monthly expenses, take-home pay and savings goals with adjustable inputs.

Planning model. Household non-rent costs scale by household type.
Estimated gross salary needed$89,368/yr

$5,616Estimated take-home / month

$5,054Modeled monthly costs

$3,627Rent

$562Before savings allocation

Cost-of-living snapshot

Current model: rent $3,627, groceries $550, transit $132, utilities $210, phone/internet $135 and miscellaneous $400 per month. Baseline total: $5,054.

Rent source: Zillow Observed Rent Index, July 2026. Other categories are planning baselines and should be adjusted for your household.

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FAQ

Is this an exact salary requirement?

No. It is a planning estimate. Taxes, housing, benefits, debt and personal spending can materially change the amount you need.

Can I change the rent?

Yes. Use the calculator above to replace the city baseline with the rent you expect to pay.