Short Answer 
Nick lives in West Egg, indicating some wealth but limited compared to affluent residents, as evidenced by his $80 monthly rent and modest living conditions described as “an eyesore.” Despite the contrast with wealthier neighbors, he finds comfort in their proximity and does not express a desire to join their ranks, indicating admiration without aspiration.
Step 1: Understanding Nick’s Economic Status
Nick lives in West Egg, which indicates that he possesses a degree of wealth. However, his financial situation is not enough to afford luxurious accommodations. He pays a monthly rent of eighty dollars, suggesting that while he has some wealth, it is limited compared to the affluent residents around him.
Step 2: Analysis of His Living Conditions
Nick’s living situation is described as an “eyesore.” This term highlights the stark contrast between his modest residence and the opulent homes of the wealthy in West Egg. The description implies that his house is in poor condition and does not reflect the same status as the nearby properties, reinforcing his middle-class position.
Step 3: Insight into Nick’s Aspirations
Although Nick is surrounded by millionaires, there is no evidence to suggest he is yearning to join their ranks or sees his home as a temporary arrangement. Instead, he finds comfort in their proximity, labeling it as “consoling.” This indicates a level of admiration for their wealth without an overt desire to be part of that elite society.