Can A Truck Driver Afford Rent in Southampton, NY?
Rent-burdened — rent takes 324.5% of gross income.
Southampton rent: April 2020. Salary: BLS OEWS May 2024 (New York state estimate).
About rent and a truck driver salary
Truck driver pay covers comfortable rent in most lower- and mid-cost US metros and stretches thin in the highest-cost ones. Because many drivers can base anywhere along their route, the home-city rent decision has an outsized effect on take-home. At the national-average driver salary, the 30% rule supports about $1,418 a month in rent. The per-city pages show which markets keep rent within that range and which push it out of reach.
Cheaper rent nearby
These New York cities have lower median rent than Southampton, which improves the affordability math on a truck driver salary:
Compare with full rent data for Southampton
View full rent data for Southampton, NY →Frequently asked questions
Can a truck driver afford rent in Southampton, NY?
Median rent in Southampton is $17,483 a month. A typical truck driver in New York earns about $64,649 a year, which makes that rent 324.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a truck driver afford in Southampton?
Using the 30% rule, a truck driver salary in New York (~$64,649/yr) supports up to $1,616 a month in rent. Southampton's current median rent is $17,483/mo, which is $15,867/mo over the affordability threshold.
How many hours does a truck driver work to cover rent in Southampton?
At an hourly equivalent of about $31 an hour, a truck driver in New York works roughly 562.5 hours a month to cover Southampton's median rent of $17,483.
Where is rent cheaper than Southampton for a truck driver?
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 truck driver salary.