Do you all feel New York is worth it if you´re working insane hours? (salary, taxes)
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A friend of mine recently decided to move to New York working in one of the "Big 4" accounting firms.
Now if any of you all are familiar with public accounting, it requires that one work EXTREMELY long hours.
Busy season from Jan - Mar is about 70 - 80 hours a week and, for him, the rest of the year is typically around 50 hours a week. Here in Chicago, it´s a little better at 60 - 70 hours a week during busy season and 40 hours non-busy season (it obviously depends on your client but that seems to be the norm, I´ve noticed. Although I could well be wrong).
I too will be working at a Big 4 firm in the near future. Now while the idea of living in New York sounds exciting to me, I just wonder if living in New York when you´re working that many hours would be worth the high cost of living? The firm pays the same salary in both Chicago and New York at around $56,000 a year.
Would you even be able to see much of the city since you´d be working so much?
Plus, I´m hesitant because Chicago isn´t a bad city either and seems more similar than dissimilar to New York (good 24hr public transit, more restaurants than you could ever need, diverse population, etc.) but it´s so much more affordable than New York. I´ve just been flip-flopping on this issue and wonder what you all think.
man this is a personal question with no right or wrong answer, but given the info I know I would choose to stay in Chicago. Maybe some time down the road would be the right time to make the move...but at that salary and schedule, no reason Chicago can't offer everything that NYC can at a slightly lower cost of living.
Is something really pulling you to NYC or would you be happy staying in Chicago? Seems like it would have to be a really compelling case to make it worth the move.
at that salary ny is def not worth it, u gon be overpaying mad money and wont have much left to enjoy anyth unless u dont mind livin in a sh1thole, plus mad work hrs
and thats real
$56k ($37k after taxes) covers nothing in NYC. I don't think even retail managers work that many hours for such a low paycheck. To give you a perspective of how low a wage that is, NYC trash collectors make around $68k.
Everyone I know works insane hours here.
Including me.
life is not worth that.
people always forget.
we work to live, we don't live to work...well I guess some of us do.
and that ain't gonna be me.
I don't think NY is worth it.
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