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A company recently reached out to me for a position in NYC. Would $115K - $120K be a comfortable salary to live in the city?
Currently living in Miami, FL where I don't have to worry about state tax. I understand NY has a state tax, and NYC has various other taxes on top of that.
Would I feel squeezed in NYC in that salary range?
A company recently reached out to me for a position in NYC. Would $115K - $120K be a comfortable salary to live in the city?
Currently living in Miami, FL where I don't have to worry about state tax. I understand NY has a state tax, and NYC has various other taxes on top of that.
Would I feel squeezed in NYC in that salary range?
Depends on how much you want to pay for rent... One bedrooms can easily run $3,000 so you'd need to be making $120,000 for sure based on the 40x the rent rule. What area do you want to live in?
A company recently reached out to me for a position in NYC. Would $115K - $120K be a comfortable salary to live in the city?
Currently living in Miami, FL where I don't have to worry about state tax. I understand NY has a state tax, and NYC has various other taxes on top of that.
Would I feel squeezed in NYC in that salary range?
Whatever net offer is made, deduct off the top 33% (combined federal, state and local NYC taxes). That net amount is more representative of what you'll have to live off here in NYC.
That being said, a salary in range mentioned is enough to be "comfortable". As another poster has mentioned much will come down to sums spent on housing.
How much are you making in Florida?
Also, how much debt and what type of debt do you have?
Any kids?
Do you rent or own in Florida?
How long do you see yourself in NYC? Have you ever been to NYC? Winters can be brutal.
$115K - $120K is pretty nice if you don't have kids, student loan debt, etc and want to live it up, save and travel.
You can rent in Hoboken to avoid a higher tax rate.
A company recently reached out to me for a position in NYC. Would $115K - $120K be a comfortable salary to live in the city?
Currently living in Miami, FL where I don't have to worry about state tax. I understand NY has a state tax, and NYC has various other taxes on top of that.
Would I feel squeezed in NYC in that salary range?
If you drink or do drugs, then yes
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"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
What kind of job is it? You want to make sure that's the going market rate for that job.
I think you can get studios for under 2k amonth in boroughs outside Manhattan though you probably won't be close to the subway
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