NYC and LA are probably the two areas in the US where 130k is borderline possible to live alone in a OK apartment considering the cost of living there. Below that and your quality of living takes a dive as you either need roommates or you live in a shoebox. For anywhere else 130k is fantastic.
The average rent in LA for a THREE bedroom apartment is $51,000 a year total. That leaves, after taxes, about $40,000 of money for everything else. Even in L.A that’s still very easy to live on.
A 1 bedroom apartment in LA is about $26,000 a year, fyi.
A $131,000/year salary is not borderline anything in L.A.
NYC and LA are probably the two areas in the US where 130k is borderline possible to live alone in a OK apartment considering the cost of living there. Below that and your quality of living takes a dive as you either need roommates or you live in a shoebox. For anywhere else 130k is fantastic.
The average rent in LA for a THREE bedroom apartment is $51,000 a year total. That leaves, after taxes, about $40,000 of money for everything else. Even in L.A that’s still very easy to live on.
A 1 bedroom apartment in LA is about $26,000 a year, fyi.
A $131,000/year salary is not borderline anything in L.A.