Can you actually afford
to live in NYC?
Calculate what you can rent or buy, understand NYC's bizarre housing rules — board reserves, mansion tax, the 40× rule — and see exactly where your money would go.
| Income | Max rent | Max co-op | Max condo | |
|---|---|---|---|---|
| $75,000/yr | $1,875/mo | $111,658 | $73,206 | Details → |
| $150,000/yr | $3,750/mo | $466,935 | $615,940 | Details → |
| $250,000/yr | $6,250/mo | $940,637 | $1,339,585 | Details → |
Co-op/condo figures are an income (DTI) ceiling only — calculated from default assumptions, not your real savings, debts, or cash on hand, which usually caps the actual number lower. See more income levels →
Reverse-engineer your maximum co-op purchase price, factoring in board-mandated post-close reserves and strict DTI limits most mortgage calculators ignore.
- Board reserve requirements (12–24 months)
- Co-op board DTI (typically 25–30%)
- Flip tax & variable closing costs
- Down-payment optimizer with chart
Find your maximum condo purchase price with lender-style DTI, mansion tax cliff math, mortgage recording tax, and title insurance calculated precisely.
- Lender back-end DTI (43% default)
- Mansion tax tiers ($1M–$25M+)
- Mortgage recording tax on loan amount
- Separate common charges, taxes & insurance
Find your maximum affordable monthly rent accounting for NYC's 40× income rule, FARE Act broker fee protections, security deposit law, and move-in cash requirements.
- 40× income multiplier screening
- FARE Act broker fee rules (June 2025)
- Security deposit cap (1 month)
- Reserve buffer & move-in cash waterfall
Find your AMI percentage, check Housing Connect eligibility across all income bands, and see HPD's affordable rent framework for every unit size.
- AMI % from household size & income
- Housing Connect band eligibility (30–130%)
- HPD affordable rent table by unit size
- Editable FY2026 AMI reference values
Use your saved profile to compare rent, co-op, and condo affordability side by side with cash required, monthly cost, DTI, reserves, and binding constraints.
- Reads your saved browser profile
- Rent vs co-op vs condo maxes
- Cash, monthly cost, DTI & reserves
- Links back into each calculator
See what you'll actually walk away with when you sell — broker commission, NYC & NYS transfer taxes, co-op flip tax, and an optional capital gains estimate.
- NYC RPTT & NYS transfer tax, auto-calculated
- Co-op flip tax & transfer fee toggle
- Broker commission & attorney fees
- Section 121 capital gains estimate