Can A HVAC Technician Afford Rent in Southampton, NY?
Rent-burdened — rent takes 321.2% of gross income.
Southampton rent: April 2020. Salary: BLS OEWS May 2024 (New York state estimate).
About rent and a hvac technician salary
HVAC technician pay sits near the US median household income and rises sharply with certification and overtime. At the national-average HVAC salary, the 30% rule supports about $1,433 a month in rent.
Cheaper rent nearby
These New York cities have lower median rent than Southampton, which improves the affordability math on a hvac technician salary:
Compare with full rent data for Southampton
View full rent data for Southampton, NY →Frequently asked questions
Can a hvac technician afford rent in Southampton, NY?
Median rent in Southampton is $17,483 a month. A typical hvac technician in New York earns about $65,322 a year, which makes that rent 321.2% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a hvac technician afford in Southampton?
Using the 30% rule, a hvac technician salary in New York (~$65,322/yr) supports up to $1,633 a month in rent. Southampton's current median rent is $17,483/mo, which is $15,850/mo over the affordability threshold.
How many hours does a hvac technician work to cover rent in Southampton?
At an hourly equivalent of about $31 an hour, a hvac technician in New York works roughly 556.7 hours a month to cover Southampton's median rent of $17,483.
Where is rent cheaper than Southampton for a hvac technician?
Nearby New York cities with lower median rent include Hampton Bays ($16,499/mo), Southold ($16,250/mo), Hampton Bays ($13,103/mo). Each shifts the affordability math materially on a hvac technician salary.