If you can afford to wait, wait - and apply to jobs where the minimum pay is higher than your last or your masters degree is a "nice to have", not a required qualification. As others have mentioned, it is not so common for companies to see your one year of experience as worthwhile for negotiation for them.
Remember that your are interviewing them every bit as much as they are interviewing you. Do you want to work for an organization that does not value your time as much as you do?
Have you considered nonprofit work? There's a whole job board over at Idealist.org. The compensation is often good and the benefits typically blow for profit entities out of the water. I'm interviewing for a position with 3 weeks of vacation, 3 weeks of sick time, 12 holidays, and 100% employer paid health care. Not only is it paying more than my last position, it's 100% remote and pays for office setup and reimburses phone and internet expenses. Now, it's been a slow process to get to final interviews, so I've taken up a contract role to keep the lights on while waiting. You might take some time to consider what you REALLY want to do and how you want your quality of life to be, then make a plan to get there either by progressive career moves or keeping busy while you continue your search for the right fit. Finding the right fit can take time, but it's much simpler when you know what it looks like in the first place. Be as specific with that as possible and you won't be uncertain when you find it.
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