4 ms·
Generally speaking true, but what happens when you deduct state taxes, in a place like either California or New York. Suddenly the budget seems just about righ
by danielschonfeld 7y ago
Generally speaking true, but what happens when you deduct state taxes, in a place like either California or New York. Suddenly the budget seems just about right and nothing too extravagant to write home about
- 0xffff2 7y agoWhat happens is you still come out way ahead. I'd dearly love to get out of the bay area, but even as a relatively low paid government contractor it's very hard to find an interesting job elsewhere that leaves more money in my pocket.
- souprock 7y agoYou may come out way ahead if non-local expenses are a large portion of your budget. Everybody else loses. I'm out of the bay area, at a government contractor, with an interesting job. I can afford a huge family, currently with 14 people in the household supported on one income. Life is just easier where the houses are affordable. I don't know what you'd consider an interesting job or what you'd qualify for, but how seriously have you looked? People can have a bias that stops them: if you allow that the interesting jobs exist, then you have to seriously consider them and ultimately act by moving, but that is a lot to think about and a lot of bother, so therefore there aren't any interesting jobs elsewhere.
- tempsy 7y agoYeah it's really the startup lotto ticket. I "won" at one company, and it's big enough to justify any increase in CoL I paid to live here. If you just want to work at the Big G then might as well move to Seattle with lower CoL and no state income tax.