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However, I am quite certain I save considerably more than $9K each year by not living in SF, so I'd still be better off with the $90K income.
by randomdata 13y ago
However, I am quite certain I save considerably more than $9K each year by not living in SF, so I'd still be better off with the $90K income.
- usaar333 13y agoNo, because in his scenario, in SF you just made $54,000 more before taxes and after 401K contributions. I have no clue what Florida tax rates are, but there is no way that after taxes that is not at least $27k more earned in SF.
- e15ctr0n 13y agoFlorida has no state income tax for individuals. http://www.stateofflorida.com/Portal/DesktopDefault.aspx?tabid=29 http://www.stateofflorida.com/Portal/DesktopDefault.aspx?tab... https://en.wikipedia.org/wiki/State_income_tax#States_with_no_individual_income_tax https://en.wikipedia.org/wiki/State_income_tax#States_with_n...
- loumf 13y agoIt is only correct if the random SF and Florida salaries are correct. I work in rural MA and make considerably more than the given SF salary (non-remote). The SF salary is probably better on average (the 50 percentile), but I stand by my statement that top performers can command SF salaries in any market. Even if you can't find something local, there are a ton of remote options.