The Truth Hurts: Here’s How Far $45,000 In Brooklyn Will Stretch In Other Cities

Census data released early this year measured Brooklyn’s median income at $44,850. Using CNN Money’s and Expakistan’s cost of living calculator, I explored what a Brooklyn-based $45,000 a year salary would look like in other cities across the world. The results aren’t pretty.

I had to use two different calculations for these estimates. For American cities, I gave CNN Money’s calculator the city in question + $45,000 a year as where I currently live and my current income, then Brooklyn, NY as where I wanted to live. The resultant “comparable salary” figures are shown in the images that follow. The CNN Money calculator was updated with census data December 2013.

For international cities, I used Expakistan. This tool doesn’t calculate comparable salary. Instead, it tells you how much cheaper a city is than any other city. So my approach was to ask, for example, “If I bought $100 dollars worth of stuff in Brooklyn, what amount would I have had to spend to buy the same amount of stuff in Prague?” Since Expakistan says the cost of living in Prague is 59% lower than the cost of living in Brooklyn, my calculation is 100 – 59 = 41; 100/41 = 2.439; 2.439 x 45,000 = 109,756. I round up on all these amounts (so with Prague, I end up with $110k) and sincerely hope my math is correct.

I can’t attest for the accuracy of Expakistan. Some estimations are “based on only a few data points,” such as Oaxaca’s, others are “based on abundant and consistent data,” such as Prague. Expakistan’s calculator also does not distinguish between Manhattan and Brooklyn—it’s all lumped into “New York City.”


Minneapolis

kla4067
kla4067
In Minneapolis, your cost of living changes by:
-4% Groceries
-63% Housing
-7% Transportation

Prague

prague
steffy
In Prague, your cost of living goes down:
-54% Groceries
-69% Rent
-51% Transportation

Austin

austinevan
austinevan
In Austin, your cost of living changes by:
-29% Groceries
-73% Rent
-12% Transportation

Berlin

*Light Painting*
*Light Painting*
In Berlin, your cost of living changes by:
-29% Groceries
-58% Rent
+6% Transportation

Palm Coast, Florida

Machine is Organic
Machine is Organic
In Palm Coast, your cost of living changes by:
-20% Groceries
-75% Rent
-14% Transportation

Rio de Janeiro

PedroKirilos
PedroKirilos
In Rio de Janeiro, your cost of living changes by:
-41% Groceries
-37% Rent
-30% Transportation

Cedar City, Utah

CountyLemonade
CountyLemonade
In Cedar City, your cost of living changes by:
-26% Groceries
-78% Rent
-13% Transportation

Barcelona

Bert Kaufmann
Bert Kaufmann
In Barcelona, your cost of living changes by:
-27% Groceries
-52% Rent
-25% Transportation

Buenos Aires

Shutterstock.com
Shutterstock.com
In Buenos Aires, your cost of living changes by:
-51% Groceries
-76% Rent
-65% Transportation

Shanghai

jaaron
jaaron
In Shanghai, your cost of living changes by:
-26% Groceries
-48% Rent
-52% Transportation

Columbus, Ohio

Sam Howzit
Sam Howzit
In Columbus, your cost of living changes by:
-28% Groceries
-76% Rent
-12% Transportation

Louisville, Kentucky

LouisvilleUSACE
LouisvilleUSACE
In Louisville, your cost of living changes by:
-28% Groceries
-75% Rent
-9% Transportation

Portland, Oregon

Ian Sane
Ian Sane
In Portland, your cost of living changes by:
-13% Groceries
-57% Rent
-6% Transportation

Cape Town, South Africa

Crouch 24/7
Crouch 24/7
In Cape Town, your cost of living changes by:
-49% Groceries
-72% Rent
-60% Transportation

Chicago, Illinois

akasped
akasped
In Chicago, your cost of living changes by:

-15% Groceries
-58% Rent
-15% Transportation

Oaxaca, Mexico

mripp
mripp
In Oaxaca, your cost of living changes by:
-53% Groceries
-82% Rent
-65% Transportation

Denver, Colorado

Larry Johnson
Larry Johnson
In Denver, your cost of living changes by:
-22% Groceries
-64% Rent
-11% Transportation
Just as a point of reference, here’s what Brooklyn is like right now.
emilydickinsonridesabmx
emilydickinsonridesabmx

photo-11


MTAPhotos
MTAPhotos

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  • http://prettylittletreasures.wordpress.com juliecrombe

    Interesting facts! Great pictures!
    Happy Valentine’s Day!

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