Maybe Manhattan COL is insane, but I have a hard time imagining that $86k is not enough to live on _anywhere_. Maybe you will have a room mate and cook for yourself every once in a while, but you will be able to support yourself just fine. This makes me seriously question the definition of "Living Wage".
Before we moved in together, my partner was living on just under $80k / year. She could afford a 2 year old car and a nice apartment with 1 roommate comfortably. She couldn't waste money mindlessly, but she did not need to pinch pennies at all.