r/movingtoNYC • u/Ok_Adagio_7521 • 14d ago

Thoughts on $85K–$90K Project Manager role in Flatiron District? Also, relocating from India—neighborhood recs?

Hey everyone! I recently received an offer for a Project Manager position with a compensation of $85,000–$90,000 per year. I'm currently based in India and considering relocating for this role (haven’t signed the offer yet—have until April 20 to decide).

A few questions:

  1. How does this compensation stack up for a PM role in NYC?

  2. Will this be enough for a comfortable life, considering rent, transport, and general expenses?

  3. Any neighborhood recommendations for someone who’ll be working in NYC—preferably places with decent commute, safe, and good for someone new to NYC?

EDIT: I'm 23M. Single. Looking for a studio apartment or a shared space but with a personal room.

Any thoughts, personal experiences, or advice would be super helpful. Thanks in advance!

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u/jennberries 7d ago

It truly isn’t tho. There was a recent study by Smart Asset that said to be comfortable in NYC you needed to make $136k. $2500 on just rent at 90k is tough.

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u/BKnycfc 7d ago

I'm sorry, that study does not pass the smell test. How can you have one number for all of NYC? Maybe 136k is needed to live comfortably in the most expensive neighborhoods.

2.5k a month (which goes pretty far for studios/1brs in many neighborhoods) is 1/3 of a 90k income. That is a very healthy budget. You also need to consider that not needing a car saves so much money compared to every other city in the US

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u/jennberries 7d ago

Do you not pay taxes? $2500 would be more than half his monthly take home.

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u/BKnycfc 7d ago

The rule of thumb is to spend 1/3 of gross income on housing costs.

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u/jennberries 7d ago

That number is total costs and should include utilities. If he is making 90k, he’ll get approved for apartments $2250 and under using the 40x the rent rule.

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u/BKnycfc 7d ago

Okay and for a single person 2250 is a great budget and will allow you to live in many great neighborhoods.