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Old 01-05-2010, 09:34 PM
 
46 posts, read 178,727 times
Reputation: 14

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Well it's that time of year again where I've been looking for a job. It seems that I'm blessed in the fact that in this tough economy I still have some options. ( good luck to anyone that is looking for a job right now)

I've been given two job offers:


one for $150 in Atlanta ( where I currently live )
OR

one for $225 K in Manhattan ( where I'd have to move )

I've done the cost of living calculations, and they all say that NYC is 47% more expensive than manhattan.


What would you take? 150K in Atlanta ( which goes a far way! ) or $225K in NYC?


Tangibles / Intangibles ?

Quality of life?

Lifestyle?



Thanks...
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Old 01-05-2010, 09:42 PM
 
Location: Techified Blue (Collar)-Rooted Bastion-by-the-Sea
632 posts, read 1,626,380 times
Reputation: 554
Maybe if you work in NYC and commute far enough into Central Jersey, where you could get a decent housing bargain, your NYC salary could be the better deal. If you want to live nicely close to Manhattan, then I'm not so sure ...

What is your industry/field btw?
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Old 01-05-2010, 09:53 PM
 
6 posts, read 12,054 times
Reputation: 20
As someone who lived in NY and ATL making about the same pay, I would say it has to depend on a few more factors apart from the money, cost of living. What about hours, career progression, etc. But on the surface, $225K doesn't do much in NY, but you can ball w/ $150K in Atlanta. Hell, most of these folks balling on $60K living up in cribs they can't afford and about to short sell and driving 5-series BMWs.
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Old 01-05-2010, 09:57 PM
 
Location: Atlanta, GA
431 posts, read 778,010 times
Reputation: 504
Since you are asking, I'd take the $225K in NYC in a heartbeat.
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Old 01-06-2010, 07:06 AM
 
66 posts, read 242,958 times
Reputation: 35
I agree with Dallascaper, I'v lived in Atlanta for 5 years now, there is no culture here, I'd move to NYC in a heartbeat with the salary you were offered.
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Old 01-06-2010, 07:15 AM
 
1,652 posts, read 2,937,866 times
Reputation: 507
Quote:
Originally Posted by bolen78 View Post
Well it's that time of year again where I've been looking for a job. It seems that I'm blessed in the fact that in this tough economy I still have some options. ( good luck to anyone that is looking for a job right now)

I've been given two job offers:


one for $150 in Atlanta ( where I currently live )
OR

one for $225 K in Manhattan ( where I'd have to move )

I've done the cost of living calculations, and they all say that NYC is 47% more expensive than manhattan.


What would you take? 150K in Atlanta ( which goes a far way! ) or $225K in NYC?


Tangibles / Intangibles ?

Quality of life?

Lifestyle?



Thanks...
Outside of housing and taxes, I think cost of living between the two cities is absolutely comparable... in fact, I think you are able to find more bargains in NYC than ATL. That said, it really depends on your lifestyle. Are you someone who wants to live in the heart of the city? Do you have to own? Do you care if you commute into work from either the boroughs or CT/NJ? Depending on those answers, don't believe the 47% calculator... you can live much more cheaply in NYC than you do in ATL depending on lifestyle.
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Old 01-06-2010, 08:19 AM
 
29 posts, read 66,655 times
Reputation: 31
With tax issues and housing and overcrowded neighborhoods I would personally say stay in Atlanta. As a NY resident who commutes to Manahattan daily and is aware of the astonomical rents and housing in the city. You can pay over $2000 for a studio apartment in many areas and try $500K and up to buy in Manhattan. You could however find some better deals if you go into one of the outer boroughs such as the downtown area of Brooklyn which is nice and the North Bronx. Good luck to you...Well doesnt seem like you will need luck! lol
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Old 01-06-2010, 08:31 AM
 
133 posts, read 581,954 times
Reputation: 94
I don't know what it is about living in NY, but it completely sucks your money away. The only other place I have lived (and I have lived in many) that the money seemed to go out as soon as it came in was Hong Kong! Maybe it is the lifestyle and the housing all rolled up together...not sure? Do you have kids? If so, you have to look at what money will get you the best school system, neighborhood, house, etc. If you have no children, then I would probably go with NYC!
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Old 01-06-2010, 09:07 AM
 
Location: Home of the best seafood
645 posts, read 1,316,569 times
Reputation: 393
I would stay in Atlanta 150 in Atlanta is damn good.

250k in NYC is a nice amount for NY, but NYC is a very expensive city, I mean it's diverse and all, but you can live lovely in atlanta with 150k a year, whereas NY you won't live so lovely unless you don't mind having a smaller house and being congested 24/7..jmtc
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Old 01-06-2010, 09:21 AM
 
1,652 posts, read 2,937,866 times
Reputation: 507
Quote:
Originally Posted by lbsing View Post
I don't know what it is about living in NY, but it completely sucks your money away. The only other place I have lived (and I have lived in many) that the money seemed to go out as soon as it came in was Hong Kong! Maybe it is the lifestyle and the housing all rolled up together...not sure? Do you have kids? If so, you have to look at what money will get you the best school system, neighborhood, house, etc. If you have no children, then I would probably go with NYC!
I think it sucks your money away because there are so many things to do and people are always going out to meet up to drink/eat/lounge. You just want to be more active because of the variety of choices but the actual costs of entertainment/food, etc. if very comparable to, if not cheaper, than ATL. But, yes, if you have school-age kids, that complicates the decision. If dude is single, then it's just a matter of what lifestyle he wants.
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