Hourly rates for NYC?

[Becket]

I paid my first ever $400 hourly rate recently.  I made the choice freely and had a great time. It seemed like a lot of money.  But it was a great experience.  As to what I might pay next time.........it all really depends doesn't it.

[Walt]

16 hours ago, DrownedBoy said:

The RM market doesn't care if your rents are skyrocketing. It only cares about what clients are willing to pay.

What clients are willing to pay AND what providers are willing to accept!

No one expects providers to accept historic rates from 1950, and similarly people are beginning to realize that expecting providers to accept the historic rates from only a few years ago is becoming unrealistic. The times (and prices) are changing.

 

[DWnyc]

12 hours ago, BenjaminNicholas said:

Well, as per your logic, I suppose it's a good thing that some of us have a longstanding, regular clientele and don't need to sweat the hourly game. 

I'm thankful some clients are still able and willing to pay the rates that established escorts set 👍

And if the clients, at some point in time, can’t or won’t pay those prices  … market forces suggest those rates should come down. It’s not what the escorts, established or otherwise, set, it’s what the market tolerates. This is the US, not USSR  

And of course this means the prices should go up in the opposite scenario.

 

[DWnyc]

8 hours ago, Walt said:

What clients are willing to pay AND what providers are willing to accept!

No one expects providers to accept historic rates from 1950, and similarly people are beginning to realize that expecting providers to accept the historic rates from only a few years ago is becoming unrealistic. The times (and prices) are changing.

 

Unless there is collective action (eg unions) or enforcement of pricing controls (the point about providers not being willing to accept certain prices) this will be a very free market - much more so than most things we purchase. 

And there may well be shocks that further disrupt pricing (eg legalization - see price of weed).

I think one area affecting pricing that we haven’t discussed much supply. What happens if more providers come on-stream (layoffs, the need to supplement incomes as costs increase etc) - or quit the field (perhaps as they can’t make it work with the prices). That will also affect pricing locally as well as nationally. 

 

 

[DMICS]

It's 2023. Inflation is sky high, rent is shooting up, mortgage rates increasing and in general the cost of living in major metropolis cities like NYC, Toronto, Montreal, San Francisco keeps increasing post-pandemic. 

It only makes sense that legitimate providers make up that difference by increasing their rates. I've noticed here in MTL and Toronto that $350 is slowly becoming a starting rate and I see it more from newcomers. Great if they're getting that but in a lot of cases I see the rate go down after a few weeks. 

Personally, $300 is my max but I don't see an issue with a quality provider increasing their fee considering the times we're in. There are clients for every threshold. Over the past year or so I'd say almost all of my hires (muscular, fit guys and some who identify as "straight") have come from social media.

Me being pretty vanilla has helped me lock in bookings with them and in almost all cases they've quoted me pre-2019/2020 rates. 

Edited February 12, 2023 by DMICS

[Pd1_jap]

The great thing about the free market is it balances itself, unlike the banking sector. Pure capitalism at work makes me so hard.