$4500 was in my head because that was the projected mortgage+taxes+fees for a 2BR apartment in brooklyn I saw the other day.
There are some apartments in NYC that are that expensive to rent. Average here is $3,650, but that’s skewed by a lot of stupid expensive places. Median is a little lower.
Other parts of the country can be much cheaper, but sometimes you get what you pay for.
You are also missing private retirement funds
Good call.
(and if car dependent 100/month seems very low for transit costs)
That’s a good point. I rely on mass transit, which is much cheaper.
$4500 was in my head because that was the projected mortgage+taxes+fees for a 2BR apartment in brooklyn I saw the other day.
There are some apartments in NYC that are that expensive to rent. Average here is $3,650, but that’s skewed by a lot of stupid expensive places. Median is a little lower.
Other parts of the country can be much cheaper, but sometimes you get what you pay for.
Good call.
That’s a good point. I rely on mass transit, which is much cheaper.