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Last time I checked take home pay was lower in NY than London for someone earning around 150k before tax. Not sure if that holds true in California...
by crispyporkbites 7y ago
Last time I checked take home pay was lower in NY than London for someone earning around 150k before tax. Not sure if that holds true in California...
- pedrosorio 7y agoAccording to this calculator: https://www.thesalarycalculator.co.uk/salary.php https://www.thesalarycalculator.co.uk/salary.php 120k £ (equivalent of $150k at current exchange rate) becomes net 71135 £ which is 61.8% In the state of New York: https://smartasset.com/taxes/new-york-paycheck-calculator https://smartasset.com/taxes/new-york-paycheck-calculator $150k gets you a take home that is 68% of gross. NYC imposes an additional local tax between 3 and 3.8% so in the worst case you’re still taking home more than 64% of gross. Maybe the last time you checked $150k was a lot less in £ and therefore taxed at lower rates in the UK?
- crispyporkbites 7y agoPotentially- I think I added in property taxes (about 1-2k/year in the uk) and healthcare (free on the nhs or if you’re earning 150k you’re likely getting heavily subsidised private care from your employer).
- wdb 7y agoDon't know many making $150k in London, though. Maybe the Facebooks, Google's