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No, I'm comparing similar suburban areas in the Albany area. Finding an $80K house in the suburbs of Albany is not an equal comparison to the average neighborhood on LI. Maybe Saratoga County - $250K and taxes of $5300.
60k too high???? Cmon, i agree li teachers are paid too much, but 60k in todays world is mediocre at best.
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Actually $60K is above average, from the Department of Labor:
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[LEFT]"Workers in the Nassau-Suffolk Metropolitan Division had an average (mean) annual wage of $49,010 in May 2008,[/LEFT]
[LEFT]
One occupational group—education, training, and library—was chosen to illustrate the diversity of data available for any of the 22 major occupational categories. Nassau-Suffolk had 104,130 jobs in education, training, and library, accounting for 8.3 percent of local area employment, significantly higher than the 6.3-percent share nationally. The average annual wage for this occupational group locally was $60,900, measurably above the national wage of $48,460."[/LEFT]
U.S. Department of Labor: Search Page (http://webapps.dol.gov/search/AdvSearch.aspx?search_term=nassau+county+wages+med ian+2009&offset=0&agcoll=&agcate=&agency_name=DOL - broken link)
I have cleaned this thread up. Keep it about the topic which is LI not NC. Do not hijack this thread with off topic chat or personal comments about members.
Once again I'm coming late to the dance, but 100K is a large salary anywhere, including the Island, it's just the taxes, home prices and general COL that is large for Long Island.
Once again I'm coming late to the dance, but 100K is a large salary anywhere, including the Island, it's just the taxes, home prices and general COL that is large for Long Island.
Perhaps, it might be more appropriate to ask if coming home with 60K net allows you to live large on LI? Not exactly strapped if single, but if you bought a home within the last 7 years, have kids at home or ones about to go to college - you will find that 60K net is still not enough.
Might I direct you to the Expected Family Contribution calculator (www.collegeboard.com) used by our "esteemed" higher educational learning institutions that show if you are making that kind of coin, have any equity in your primary residence (say 200K) and a $1 in your checking account, you can expect to contribute $19,400 net to the annual college tab annually. That is using the federal method, use the institutional method which looks at home equity and you will be expected to contribute, ready for this.....$18,159 annually. Living large, meh......... If you have any additional equity in home or more than $1 in a checking account/savings account - you are so screwed.
Think that is doable on 60K net, after mortgage, taxes, food, clothing, utilities, car insurance, maintenance?
Better save your pennies - oh, and keep approving those "living large" education budgets in your districts..
I seriously question LI'ers knowledge of money. Times are so tough, yet every restaurant is packed, the only people driving beat up cars are Mexicans and nobody seems to cut their own grass. Everyone seems able to afford their Iphone and the data plan that comes with it.
Seems to me everyone makes just enough money.
yes, this country is clueless. no one thinks about the big picture as long as we have flat screens and new leased cars. will be a rude awakening when we cant pay for our childrens' college educations and they are living with us til they are 30. This country is totally complacent as long as they have their bourgeois crap.
I seriously question LI'ers knowledge of money. Times are so tough, yet every restaurant is packed, the only people driving beat up cars are Mexicans and nobody seems to cut their own grass. Everyone seems able to afford their Iphone and the data plan that comes with it.
Seems to me everyone makes just enough money.
I'd like to see those credit card statements they keep hidden in their drawers, hoping the nightmare will end one day. Better yet, have them pin a copy of their credit report on their shirts as they enter the restaurants.
i know a couple in gc that have 3 bmws and a huge house and go to dinner 2 or 3x a week but are 3 months behind on mortgage. I am so glad I don't have cc debt and will soon have no car payment, it's no way to live.
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higher educational learning
I'd like to see those credit card statements they keep hidden in their drawers, hoping the nightmare will end one day. Better yet, have them pin a copy of their credit report on their shirts as they enter the restaurants. 
