Originally posted by: Mellow
I think many of you are missing the point. As an intern, $6 is what you make. No one interns for years, unless your terrible, unmotivated, and a pain in the ass. I'm also not looking to get into the industry to make money. It's something I have a passion for, and am willing to give up a few comforts for.
For the first stretch of time when I'm acclimating myself, and working towards a job advancement, I'd be willing to forgo the "the wonders the city has to offer"
Originally posted by: syzygy
$600 for rent . . . only ?
- if you are willing to share a multi-bed apartment you could pay that little.
- perhaps some dingy basement studio in the nether reaches of an outlying borough.
- or a single room that an building owner lets, which means sharing bathroom. kitchen, and other basics with the 'tenants'
the subway 30 day unlimited card (with free transfer to city buses) is now 84.00 per month. if your company provides transit checks (pre-tax dollars), cost per month is less
your utlity expenses will be less than what you've tabulated IF you share an apartment and cut back on the cable bill.
you can do away with telephone service with a pre-paid cell that you employ sparingly, though there are some yearly plans for under 20.00 per month.
health insurance can be had for much less per month, especially if you're not engaged in any risky behaviors.
Originally posted by: buck
Originally posted by: Mellow
I think many of you are missing the point. As an intern, $6 is what you make. No one interns for years, unless your terrible, unmotivated, and a pain in the ass. I'm also not looking to get into the industry to make money. It's something I have a passion for, and am willing to give up a few comforts for.
For the first stretch of time when I'm acclimating myself, and working towards a job advancement, I'd be willing to forgo the "the wonders the city has to offer"
No, you are missing the point. Most interns dont move from the sticks to NYC with dreams of surviving making only 6 an hour. Money wouldnt be a factor if you were living at home, but you asked if you will be able to survive in NYC making chump change. Judging by your posts, I wouldnt give you a month before you ran home. I dont mean to sound harsh, but someone has to be honest with you.
Originally posted by: PAB
Originally posted by: Mellow
Alright. Some background:
A year from now, I'll be nineteen, and I plan on moving to New York City to intern at a recording studio. Because of connections I have, we can make the following assumption:
-- I will be able to get an internship, and work ~ 60 hours a week @ $6/hr for 50 weeks/yr
This means
$18,000/yr less %20 for taxes = An income of $14,400/year.
By this time next year, I will have $10,00 saved to get me started, before I move. This ives me a total income of $~25,000 for the first year
I have considered the following expenses
Rent $600/month $7200/year
1st month/ security $1,200/year for 1 year
Subway (@ $2 2x/day) $112/month $1,456/year
Health Insurance $200/month $2,400/year
Food $75/week $3,900/year
Laundry $25/month $300/year
Personal Items $50/month $600/year
Entertainment $100/month $1,250/year
Utilities $150/month $1,800/year
Clothing $250/year
Miscellaneous $20/week $1,000/year
This brings me to a total of ==================== $~21,365
Keep in mind the following:
-My place of work will be in Manhattan, and I don't really care where I live, as long as I can be assured relative safety, and a 35 minute or less commute
-I plan on getting some kind of roommate senario, and sharing an apartment, so I won't have my own place.
- Assuming I work 60 hours/week, I won't have much time for anything else.
My feelings on my numbers:
-I think I can eat for a lot less than $10/day.
-Just from a quick scan of local adds, I've seen that finding a place in the Bronx/Queens for less than $750/month (rent/utilities) is pretty commonplace
- I can sacrifice in-room internet and cable television, but have tried to account for some sort of cell phone plan under utilities.
-I think I could probably cut out most of untertainment with strong willpower.
-Health insurance is really a ballpark.
- After my first year, I expect to make some kind of pay raise
I'd like any input/advice/anything anyone can offer. Thanks!
20% for taxes?
I think you're underestimating this because you have to pay federal income, medicare, SS, etc which worked out to around 23% for one of my still punching the clock friends, plus NY state income tax, plus city tax (Yes, NYC taxes your income).
You can get an unlimited metrocard for $78/month and I don't think theres any way in hell you will be able to get health insurance for $200. Probably closer to $400 with a group rate.
You will not have a 35 minute or less commute to midtown manhattan with an apartment that's $600 a month. No way, no how.
Originally posted by: Mellow
To get a job in my field of choice (audio engineer), a college degree isn't so important as a general understanding of the technology and processes of recording.
Topic Title: Going to live in New York City
Topic Summary: Will I be able to survive?
Originally posted by: EPCrew
60 hours a week at recording studio. You can get a weekend job flipping burgers at Mickey D's, or maybe a weekend sales position at Best Buy or something. If you don't plan on having a social life, you might as well work your ass off just to pay rent.
Originally posted by: Lifted
You're getting robbed.
http://www.labor.state.ny.us/workerprot...on/laborstandards/workprot/lshmpg.shtm
MINIMUM WAGE INCREASE
The New York State minimum wage increased to $6.00 per hour as of January 1, 2005. It will increase to $6.75 per hour as of January 1, 2006 and to $7.15 per hour as of January 1, 2007. Any increase in the federal wage above the state rate will result in an increase in the state's minimum wage.
And no, you cannot live on your own in NYC earning $6 an hour unless you apply for welfare, section 8, food stamps, etc.
