40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’ - eviltoast

“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

  • just_change_it@lemmy.world
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    8 months ago

    A room is basically ~1k/mo here if you’re renting with roommates, maybe up to 1500 if the place is really nice. 1800 for a studio, give or take.

    Entry level roles are usually 60kish+ but everybody hits 100k very quickly in any kind of white collar gig. With the pharma industry being here a huge portion of roles in greater Boston are pharma or pharma adjacent with 200k-400k salaries(+bonus/options) which drive up the cost of housing like crazy. Plus some finance and legal too. There’s a few ad agencies, plenty of healthcare companies and some world class hospitals. Plus a significant amount of highly desirable colleges that lure in the rich foreign exchange students. It makes for a really expensive housing situation unfortunately.