Breaking Down My $159,000 Salary In Brooklyn, New York | Cost Of Living

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Devonte Duncan, 27, lives in Brooklyn, New York, and works as a software engineer at a tech company, earning $159,000 a year. After reaching a six-figure salary, his spending quickly caught up with his income and led him into debt. Now, Devonte takes a much more deliberate approach to his finances, balancing stricter budgeting with a lifestyle that still allows him to enjoy his money. In this episode of Cost of Living, Devonte breaks down exactly how he earns, spends, budgets, and invests while living in one of the most expensive cities in the US. For more from Devonte: http://www.youtube.com/@doseofdevy Read "I dropped out of college and now earn $159,000 as a software engineer. Lifestyle creep left me $30,000 in debt": https://bit.ly/4giOlde And "A 27-year-old New Yorker made $130,000 from 9 income streams. She says the hustle nearly burned her out": https://bit.ly/3SxDl2e 00:00 - Intro 00:13 - Income & Work 01:28 - Housing & Utilities 09:35 - Transportation 12:01 - Food & Groceries 16:10 - Lifestyle & Leisure 19:12 - Health & Insurance 19:56 - Education 21:40 - Debt, Savings & Investments 25:48 - City-Specific Costs & Quirks 27:29 - Credits ------------------------------------------------------ #softwareengineer #salary #costoflivingusa #expensivecities #costofliving WATCH MORE: Breaking Down My $306,500 Salary In San Francisco https://youtu.be/7VwEOyAcvJM The Fight To Make Expensive Stadium Food Illegal https://youtu.be/j6G91ryji5s 9 Ways Everyday Life Is Becoming More Expensive https://youtu.be/wjkeJ6sEYfc Business Insider is a global newsroom covering business, technology, innovation, and the economy. Visit our homepage for the top stories of the day: https://www.businessinsider.com/?utm_source=youtube Sign up for our newsletters: https://www.businessinsider.com/subscription/newsletter?utm_source=youtube Find Business Insider on Facebook: https://www.facebook.com/businessinsider ... on Instagram: https://www.instagram.com/businessinsider ... on X: https://x.com/BusinessInsider ... on TikTok: https://www.tiktok.com/@businessinsider Breaking Down My $159,000 Salary In Brooklyn, New York | Cost Of Living | Business Insider