4 ms·

$200k base is maybe $10k a month after tax and retirement contributions. A 2 bedroom apartment in NYC or another high cost area where these jobs are generally

by tempsy 4y ago

$200k base is maybe $10k a month after tax and retirement contributions. A 2 bedroom apartment in NYC or another high cost area where these jobs are generally located will cost $4000-$6000

p0pcult 4y ago
This comment reeks of entitlement. I can barely get by on a salary in the top 5%
- tempsy 4y ago
  Entitlement is being realistic about $200k not going far in large expensive metros? I don’t think so.
  - p0pcult 4y ago
    Entilement is making your own decision and then whining about its consequences.
    - tempsy 4y ago
      We are talking about a hypothetical situation where someone was asked to be content with a $200k salary in a high cost metro. In this scenario the person has made the decision that it isn’t really that great of a salary considering cost of living, yet you’re on here getting angry this person is being “entitled”. No decision was made to accept this salary as a good one in this scenario.
- keneda7 4y ago
  I would agree with you for the most part but also keep in mind 200k may not be the top 5% for particular locations. In San Fran county the top 5% is 808k (https://www.kqed.org/news/11799308/bay-area-has-highest-income-inequality-in-california https://www.kqed.org/news/11799308/bay-area-has-highest-inco...). I would be jumping with joy to make 200k a year with where I live now. However if I was in offered the same job in the bay area for 200k a year I would not be nearly as happy.
- Klonoar 4y ago
  That’s not entitlement, they are simply stating what the rental market is. They have no control over that.
  - roflyear 4y ago
    They are being misleading about the rental market.
    - Klonoar 4y ago
      No, they're not. NYC is stupid expensive to live in, and this is why we have a thing called "cost of living".
      - roflyear 4y ago
        They are for several reasons. They are lying about the price of rent, saying it is higher than it is. They are insisting that you need to live in Manhattan, when there are places about half as cheap very close to Manhattan. I'm not saying the area is inexpensive. Don't argue with a strawman.
        Klonoar 4y ago
        >They are for several reasons. They are lying about the price of rent, saying it is higher than it is. They are insisting that you need to live in Manhattan, when there are places about half as cheap very close to Manhattan. > >I'm not saying the area is inexpensive. Don't argue with a strawman. Don't misconstrue what I am pointing out what you're doing. They are not lying about how expensive rent can be there, this is simple to verify. People want to live where they want to live. Get over it.
kache_ 4y ago
try not living in new york
- tempsy 4y ago
  or if you’re talented and have in demand skills don’t settle for a $200k salary because people online told you you were entitled for asking for higher comp in high cost of living areas.
  - p0pcult 4y ago
    People online called you entitled because you were complaining about how hard life is on 200k.
pb7 4y ago
Leaving you with $48,000 to $72,000 for everything else, roughly twice as much as much as the median pretax individual income. The horror.
- tempsy 4y ago
  I continue to find it funny that we’ve come to the point where workers are guilted and shamed because they demand more for themselves. Even if you’re somewhat disciplined about spending you are probably spending $40k a year easily in a higher cost metro on normal everyday expenses/personal travel, leaving you with maybe $20k-$30k to tuck away. Difficult to save up for a family or house on $20k/yr to save/invest.
  - pb7 4y ago
    I demand more for myself. I would also be ashamed convincing people I don't have enough as it is. It's possible to prefer to make $500K over $200K and not argue that $200K is peanuts to live on. Argue that you prefer the even more lavish life that $500K can provide you for the skills the market deemed you have.
  - roflyear 4y ago
    Demand more for yourself, but don't pretend like you can't live on $200k. You're worth a lot but making up shit about rents is not going to help your argument.
roflyear 4y ago
Totally ridiculous and also untrue. Living in Manhattan is a luxury, there are affordable options 20-30m from NYC. You can get a 2br for under $<2k <30m bus ride from NYC. $1600-1700 if you look and get a little lucky. Even in Manhattan, there are plenty of 2br available for <$3k. Zillow is bringing up hundreds of results. You're not living large, but you'll have money for savings. Most people who live in Manhattan don't live there alone, anyway. That luxury apt for $6k is a great place to live with 1-2 roommates.
- tempsy 4y ago
  the fact there exists 2 bedroom apartments for under $3k doesn’t mean that’s the norm in Manhattan. there’s very few and it’s clearly nowhere near the median when the median 1 bed is over $3800. and you’ve mistaken what I said if you think I’m suggesting it’s “hard” to live on $200k in NYC. the point is more that it’s just a normal salary in a high cost area at this point, and after taxes and retirement savings and regular monthly expenses you’d be lucky to save $30k a year. hard to save for a house or start a family and care for dependents without being close to paycheck to paycheck at that income.
  - roflyear 4y ago
    First, I'm looking at apartments on the market RIGHT NOW that are under $3k. You can apply for these right now. We're also using an extreme, living in Manhattan is a luxury. It is one of the most expensive places to live on the planet. Even using this extreme your argument doesn't hold water. You would do well on $200k paying $3.5k/m in rent. That's high, but shouldn't kill you. I would argue that using the median or average in an area that has so much luxury housing is also dishonest. I know people paying over $5k for STUDIO APARTMENTS in NYC. They love the building, I dunno! JC median 1br is $3k, north bergen nj 2br is $2,400.... but there are plenty of 1 and 2br in JC and NB that are under $2k on the market right now. Thousands of units, actually. Including kids, or if you have a stay at home spouse or something, you're right. You can't really live in the area on $200k. That is a problem. Your wife needs to work and bring in at least $80k, especially if you have more than 2 kids. But we're kind of moving the goalposts here, aren't we?

by tempsy 4y ago

$200k base is maybe $10k a month after tax and retirement contributions. A 2 bedroom apartment in NYC or another high cost area where these jobs are generally located will cost $4000-$6000

p0pcult 4y ago

This comment reeks of entitlement. I can barely get by on a salary in the top 5%

tempsy 4y ago
Entitlement is being realistic about $200k not going far in large expensive metros? I don’t think so.
- p0pcult 4y ago
  Entilement is making your own decision and then whining about its consequences.
  - tempsy 4y ago
    We are talking about a hypothetical situation where someone was asked to be content with a $200k salary in a high cost metro. In this scenario the person has made the decision that it isn’t really that great of a salary considering cost of living, yet you’re on here getting angry this person is being “entitled”. No decision was made to accept this salary as a good one in this scenario.
keneda7 4y ago
I would agree with you for the most part but also keep in mind 200k may not be the top 5% for particular locations. In San Fran county the top 5% is 808k (https://www.kqed.org/news/11799308/bay-area-has-highest-income-inequality-in-california https://www.kqed.org/news/11799308/bay-area-has-highest-inco...). I would be jumping with joy to make 200k a year with where I live now. However if I was in offered the same job in the bay area for 200k a year I would not be nearly as happy.
Klonoar 4y ago
That’s not entitlement, they are simply stating what the rental market is. They have no control over that.
- roflyear 4y ago
  They are being misleading about the rental market.
  - Klonoar 4y ago
    No, they're not. NYC is stupid expensive to live in, and this is why we have a thing called "cost of living".
    - roflyear 4y ago
      They are for several reasons. They are lying about the price of rent, saying it is higher than it is. They are insisting that you need to live in Manhattan, when there are places about half as cheap very close to Manhattan. I'm not saying the area is inexpensive. Don't argue with a strawman.
      - Klonoar 4y ago
        >They are for several reasons. They are lying about the price of rent, saying it is higher than it is. They are insisting that you need to live in Manhattan, when there are places about half as cheap very close to Manhattan. > >I'm not saying the area is inexpensive. Don't argue with a strawman. Don't misconstrue what I am pointing out what you're doing. They are not lying about how expensive rent can be there, this is simple to verify. People want to live where they want to live. Get over it.

kache_ 4y ago

try not living in new york

tempsy 4y ago
or if you’re talented and have in demand skills don’t settle for a $200k salary because people online told you you were entitled for asking for higher comp in high cost of living areas.
- p0pcult 4y ago
  People online called you entitled because you were complaining about how hard life is on 200k.

pb7 4y ago

Leaving you with $48,000 to $72,000 for everything else, roughly twice as much as much as the median pretax individual income. The horror.

tempsy 4y ago
I continue to find it funny that we’ve come to the point where workers are guilted and shamed because they demand more for themselves. Even if you’re somewhat disciplined about spending you are probably spending $40k a year easily in a higher cost metro on normal everyday expenses/personal travel, leaving you with maybe $20k-$30k to tuck away. Difficult to save up for a family or house on $20k/yr to save/invest.
- pb7 4y ago
  I demand more for myself. I would also be ashamed convincing people I don't have enough as it is. It's possible to prefer to make $500K over $200K and not argue that $200K is peanuts to live on. Argue that you prefer the even more lavish life that $500K can provide you for the skills the market deemed you have.
- roflyear 4y ago
  Demand more for yourself, but don't pretend like you can't live on $200k. You're worth a lot but making up shit about rents is not going to help your argument.

roflyear 4y ago

Totally ridiculous and also untrue. Living in Manhattan is a luxury, there are affordable options 20-30m from NYC. You can get a 2br for under $<2k <30m bus ride from NYC. $1600-1700 if you look and get a little lucky. Even in Manhattan, there are plenty of 2br available for <$3k. Zillow is bringing up hundreds of results. You're not living large, but you'll have money for savings. Most people who live in Manhattan don't live there alone, anyway. That luxury apt for $6k is a great place to live with 1-2 roommates.

tempsy 4y ago
the fact there exists 2 bedroom apartments for under $3k doesn’t mean that’s the norm in Manhattan. there’s very few and it’s clearly nowhere near the median when the median 1 bed is over $3800. and you’ve mistaken what I said if you think I’m suggesting it’s “hard” to live on $200k in NYC. the point is more that it’s just a normal salary in a high cost area at this point, and after taxes and retirement savings and regular monthly expenses you’d be lucky to save $30k a year. hard to save for a house or start a family and care for dependents without being close to paycheck to paycheck at that income.
- roflyear 4y ago
  First, I'm looking at apartments on the market RIGHT NOW that are under $3k. You can apply for these right now. We're also using an extreme, living in Manhattan is a luxury. It is one of the most expensive places to live on the planet. Even using this extreme your argument doesn't hold water. You would do well on $200k paying $3.5k/m in rent. That's high, but shouldn't kill you. I would argue that using the median or average in an area that has so much luxury housing is also dishonest. I know people paying over $5k for STUDIO APARTMENTS in NYC. They love the building, I dunno! JC median 1br is $3k, north bergen nj 2br is $2,400.... but there are plenty of 1 and 2br in JC and NB that are under $2k on the market right now. Thousands of units, actually. Including kids, or if you have a stay at home spouse or something, you're right. You can't really live in the area on $200k. That is a problem. Your wife needs to work and bring in at least $80k, especially if you have more than 2 kids. But we're kind of moving the goalposts here, aren't we?