Seems low, but OK.
"To comfortably afford this, financial experts often recommend that rent should not exceed 30% of one’s annual income. Therefore, Peter would need to earn around $60,000 per year to live modestly in NYC"
@SECRET_ASIAN_MAN
Modestly? 🤔 I wonder how MSCopilot defines modestly. It sounds like it may not include groceries.
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Average rent in NYC right now is $3500 a month.
60k doesn't even get you a hovel.
@janallmac @tyghebright @SECRET_ASIAN_MAN
I just asked Copilot what the average rents were... Then asked about necessary income...
The numbers are double from what you've shown...
@tyghebright @SECRET_ASIAN_MAN
Well hovels are modest? 😁
Do not rely on MSCopilot for financial advice, is one lesson I'd take from this!