Can A Bus Driver Afford Rent in Southampton, NY?
Rent-burdened — rent takes 402% of gross income.
Southampton rent: April 2021. Salary: BLS OEWS May 2024 (New York state estimate).
About rent and a bus driver salary
Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.
Cheaper rent nearby
These New York cities have lower median rent than Southampton, which improves the affordability math on a bus driver salary:
Compare with full rent data for Southampton
View full rent data for Southampton, NY →Frequently asked questions
Can a bus driver afford rent in Southampton, NY?
Median rent in Southampton is $19,789 a month. A typical bus driver in New York earns about $59,075 a year, which makes that rent 402% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a bus driver afford in Southampton?
Using the 30% rule, a bus driver salary in New York (~$59,075/yr) supports up to $1,477 a month in rent. Southampton's current median rent is $19,789/mo, which is $18,312/mo over the affordability threshold.
How many hours does a bus driver work to cover rent in Southampton?
At an hourly equivalent of about $28 an hour, a bus driver in New York works roughly 696.8 hours a month to cover Southampton's median rent of $19,789.
Where is rent cheaper than Southampton for a bus driver?
Nearby New York cities with lower median rent include Southold ($16,250/mo), East Quogue ($13,000/mo), Westhampton Beach ($12,000/mo). Each shifts the affordability math materially on a bus driver salary.