Take home SA Pay
following your SA stint, how much take home pay did you have? And what city? Assuming that if you lived in NYC you had to pay a good portion in rent
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Based on the most helpful WSO content, here's what you need to know:
For summer analysts (SAs) in NYC, take-home pay after taxes typically works out to around $4,000–$5,000 per month, depending on the prorated salary and overtime. Rent in NYC often consumes a significant portion of this, with shared housing or roommates being a common choice to save costs. For example, rent for a shared apartment might range from $1,500–$1,800 per month, leaving room for utilities, food, and other expenses.
If you're leading a frugal lifestyle, you might save a small amount, but the high cost of living in NYC makes it challenging to save significantly during an SA stint.
Sources: Millionaire by 30, Millionaire by 30, How much money to "feel rich" in nyc?, Why You Should Leave NYC After Your Analyst Stint
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