My Salary & Expenses as a Software Engineer in New York City (2024)

Sharing salary and expenses is a great way to spread awareness and knowledge about career paths for people. In light of that, I've decided to share my salary and offer details as a software engineer living in new york city. I'm sharing my monthly expenses so you can see how i live! Also yes, my rent is really high i know.

00:00 - Introduction
00:25 - My Salary
00:53 - Offer Details
2:00 - Expenses
2:13 - Breaking down my paycheck
2:40 - Rent
3:21 - Eating out
4:34 - Travel
5:15 - Shopping
5:20 - Entertainment
6:13 - Total Breakdown
7:13 - Secret Side Income

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[nicholaschoi]

still remember when this man single-handedly carried my SAT studying - you made it man

[anweshbhattacharya]

I appreciate the openness about your finances, but I think your video is highly misleading. For less than 5% of this video's runtime, at the very end, you mentioned you had a startup that allows you to generate $8-10k of savings. If you relied only on your SDE job for income, your attitude to your finances would be very different. Ideally, you should have mentioned this at the onset of the video.

[Umbra]

Bro I used to watch ur SAT VIDS. you helped me net a 1460 and now I’m a sophomore on my way to trying for internships. You inspire me bro, keep at it

[hims]

I am a software developer in India. My first offer was 3.36 lakh INR($4000) for whole year. After 5 years it is around 20 lakh($24000) . In USA salary is very high but expenses is huge.

[Rspbabypuncher]

Appreciate the transparency dude! I’m a nurse in NYC and it’s tough out here, I have friends that graduated compsci majors and are really struggling to find jobs…

[Ziteyt]

very real. also, thats a crazy side business you got, kinda inspired me - what tech stack are you using in most of those projects?

[iron_nicko]

Damn last time I watched your videos was back when you used to make SAT content, it's crazy!

[nobody-erys]

Bro I am currently 16 years old and want to be in robotics and ai
But I am worried that by the time I graduate college there willn't be need for engineers because of AGI or AI. Any tips?

[revwarriors]

doordash twice a day would be like $60 on $25 and the food expenses would be 2k a month if you account for all that and groceries

[liy]

Yo so I'm about to work at C1 this aug and I wanted to ask something, they cool with you having a business on the side? Cuz I saw your last video and I ain't gonna lie you put me on game so I thought about doing that while working

[gregoryamparo]

Bro don’t pay rent. Invest that money in buying your own place in the city. Second, try to learn how to cook at least the basic. If u spend at least 500 on groceries per month, that would last u for a more than a month. And trust me, you’ll have less expenses

[anshulganumpally]

Fire video bro! Did Cap1 let you choose your location?

[TheBlackLakeSiren]

I can't imagine the expenses in NYC. Damn. I'm broke and can't even afford my $1400 rent in NC. But I also have yet to start my career in IT.

[Tiffanyt]

Nice! I think saving anywhere between 10-30% of your take home pay is good for saving. More is better but something is better than nothing.

[layth]

7:01
saving 2000 or less is not good enough? bro I wish I can save that kind of money each month currently. even if I never go out and enjoy life and make as much as possible, I would barely crack $900 and I'm obviously not going to do that, so I'm not hitting those numbers.

[mb]

How is your net pay that much? Are you subtracting federal, state, and local taxes? Are you subtracting the cost of medical insurance? I make just about that much and my net pay is not 70% after 401k contributions

[studyou]

idk how you are only spending $600-700 on food in NYC, each doordash/uber for me is like $22, if I do that 3 times a day its $66, so in a month its already $1.9-2k. A dinner date on the weekend is already $150 for 2 if you pay for your date.... do that 4 times a month its $600, Im spending $2.6k on food a month

[convolutted]

broo.. rent scaring me assuming your in jc/brooklyn how much u think a 1br of the same caliber would cost in manhattan lol and how'd u go about finding ur apt? going to be starting new grad with a $160 base + stock + bonus, and tryna stay under 3.8k but not sure if this reasonable.

[WEBNYC]

bro said I m making good "bread" lmaoo he really from NYC

[koalafro]

This why I love being an authentic new yorker, just started my first job as a software engineer and don't plan on paying no more than 2k on rent in the hood 😂