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Old 10-31-2011, 12:36 PM
 
21 posts, read 127,815 times
Reputation: 17

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My husband has been offered a job recently in Buffalo with a salary of 70k and full health insurance benefits for both of us (We both are on good side of 30).
Is this salary enough to live a decent life in a decent neighborhood

Our idea of decent life:
1. Planning to rent for around 1000-1500/pm (is it enough?), planning to live close to work (Erie Basin Marina), so that total commute time is of ~ 45 min one way.
2. We do not party every weekend. We do go out occasionally for dinner like birthday, anniversaries and special occasions, etc.
3. I am a stay at home wife, so I will be cooking all meals, cleaning the house, dishes and laundry (and studying).
4. No kids and debt free.
5. We do have a car and it is paid off.
6. We are not looking to buy a house in Buffalo (so I am guessing the debate about property taxes is out of question).

We have a option of two jobs, one is in Buffalo (70k), and other in NYC (80k) so we are debating.

Any help will be appreciated!
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Old 10-31-2011, 12:45 PM
 
744 posts, read 1,768,032 times
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the answer is a definite Yes. $70,000 salary in Buffalo equals a $136,732 Salary in NYC
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Last edited by Yac; 11-08-2011 at 03:51 AM..
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Old 10-31-2011, 12:51 PM
 
21 posts, read 127,815 times
Reputation: 17
Quote:
Originally Posted by donbuy View Post
the answer is a definite Yes. $70,000 salary in Buffalo equals a $136,732 Salary in NYC

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Huh! thanks for the website, this makes life so much easier!

Last edited by Yac; 11-08-2011 at 03:51 AM..
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Old 10-31-2011, 12:58 PM
 
Location: Hamburg, NY
1,350 posts, read 3,544,551 times
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You can do very well in Buffalo on $70K/year, especially if you are living in the city which for the most part is cheaper than the suburbs.
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Old 10-31-2011, 02:22 PM
JH6
 
1,435 posts, read 3,217,258 times
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Well, you don't want to live in those condos right in Erie Basin Marina, that would be 1k+ very easy.

Pick a suburb in the northtowns or the southtowns, and you can do just fine on 70k, actually about 35k better than the average joe here.
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Old 10-31-2011, 02:30 PM
 
744 posts, read 1,768,032 times
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Per capita income in Erie County is $52,512 for two people. For Amherst the average household income is about $67K

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Erie County QuickFacts from the US Census Bureau

Last edited by Yac; 11-08-2011 at 03:51 AM..
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Old 11-01-2011, 01:15 AM
 
4,135 posts, read 10,812,712 times
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A commute of 45 min ONE WAY is about enough to get you to any outlying suburb. Working in the city for about 30 years and my husband and I shared a car and live about 15 min from getting onto the expressway -- we rarely spent more than half an hour on the roads. This is not a triaffic nightmare here.

Where is the job located? Do you want to be close to the job or close in the city ( doesn't much matter if the job is in the downtown area). Do you want an apt or a condo?

Suggestion: get an apt where utilities ( around here, that usually means heat and water) are included. It makes a big difference not to have to pay for heat. Most people don't have land line phones, and electric and gas ( if you have gas for a stove) are not a lot of money. The cable /internet are generally TimeWarner, and the rates are going up in Dec. ( got that notice today).

It is very doable on $70K -- esp. since you are getting health insurance paid for!
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Old 11-01-2011, 07:01 AM
 
93,248 posts, read 123,876,708 times
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Just to be clear on Time Warner, if you have a package, I believe the rates stay the same.

As for places to live, you can pretty much anywhere in the area. If you want the city of Buffalo, maybe something in Parkside, Park Meadow, North Buffalo or maybe South Buffalo near Cazenovia Park would work.

Here's a couple of good websites for apartments: Buffalo Apartment Rentals | Buffalo NY Apartment Finder

MapsKrieg - Buffalo, NY - Apartments, Rooms, Sublets, and Real Estate for Sale

Here's a website for homes: Search for New York Real Estate
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Old 11-01-2011, 09:41 AM
 
Location: Hamburg, NY
1,199 posts, read 2,869,199 times
Reputation: 1176
Quote:
Originally Posted by Swat Kat View Post
My husband has been offered a job recently in Buffalo with a salary of 70k and full health insurance benefits for both of us (We both are on good side of 30).
Is this salary enough to live a decent life in a decent neighborhood

Our idea of decent life:
1. Planning to rent for around 1000-1500/pm (is it enough?), planning to live close to work (Erie Basin Marina), so that total commute time is of ~ 45 min one way.
2. We do not party every weekend. We do go out occasionally for dinner like birthday, anniversaries and special occasions, etc.
3. I am a stay at home wife, so I will be cooking all meals, cleaning the house, dishes and laundry (and studying).
4. No kids and debt free.
5. We do have a car and it is paid off.
6. We are not looking to buy a house in Buffalo (so I am guessing the debate about property taxes is out of question).

We have a option of two jobs, one is in Buffalo (70k), and other in NYC (80k) so we are debating.

Any help will be appreciated!
You've got it made! 70K in Buffalo will go a long long way. Don't worry about traffic, you can live just about anywhere you want in the metro area with a commute time under 45 minutes. Traffic is not at all an issue.

Don't do New York City, 80K will give you a substandard quality of life there.
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Old 11-01-2011, 10:29 AM
 
Location: Charlotte, NC
1,969 posts, read 3,596,605 times
Reputation: 2916
You will live like kings! Kings, I say!
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