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But you only counted taxes and rent. There is a lot of other expenses in the "cost of living category": healthcare, childcare, education, transportation, and th
by deepsun 5y ago
But you only counted taxes and rent. There is a lot of other expenses in the "cost of living category": healthcare, childcare, education, transportation, and the largest of all -- mortgage.
I still doubt you can afford the same quality of living on $120k in SF than average salary in, say, Milan (€33k).
- maccard 5y ago> and the largest of all -- mortgage. I specifically called out housing as it's the biggest expense, but I labelled it as rent. > $120k in SF than average salary in, say, Milan (€33k). By your own admission, mortgage is the largest expense. Your monthly take home in SF after taxes and housing costs of $2500 is $3964. That's more than the gross, pre tax, pre housing cost of the Milan salary you named. Your take home pay _before_ housing is $1950/month in Milan. You're always going to have more money left over in SF. > I still doubt you can afford the same quality of living. There's a different between salary and quality of living. The quality of life in _any_ european city is a very difficult comparison to the QoL in a US city, and it's not a numeric comparison.
- deepsun 5y agoMakes sense. But my point is that "money left over" is meaningless, unless you spend them. But if you're there to just save money to later move to somewhere cheaper -- sure, by all means.