Career crossroads.......

[OFFascist]

I'd take the North Carolina job.

You dont have to live in NYC, you dont have to deal with so many people, you dont have to put up with the rediculous traffic. Also cost of living in NC is alot less.

 

[z0mb13]

Originally posted by: elmro

Originally posted by: z0mb13
take the NY job, live in brooklyn to avoid the city tax

What? I live in Brooklyn and have to pay the ~3% NYC tax. (Brooklyn is one of the 5 boroughs of New York City).

i thought the city tax is only if u live in manhattan...

 

[pyonir]

I'd go with NC

 

[elmro]

Originally posted by: z0mb13

Originally posted by: elmro

Originally posted by: z0mb13
take the NY job, live in brooklyn to avoid the city tax

What? I live in Brooklyn and have to pay the ~3% NYC tax. (Brooklyn is one of the 5 boroughs of New York City).

i thought the city tax is only if u live in manhattan...

No, I definitely pay it. It comes out of all my paychecks. I even double-checked the tax website just to make sure I should be paying it because of what you said.

"Every income-earning individual who resides in New York City and every estate and trust must pay New York City personal income tax. "

As I mentioned before, New York City is made up of 5 boroughs (Manhattan, Queens, Brooklyn, Staten Island, and the Bronx).

 

[pyonir]

I'd tell her to work at McDowell's part time...but you'd have to pay NYC tax on that as well, as it is in Queens.

 

[shortylickens]

Originally posted by: elmro

Originally posted by: z0mb13

Originally posted by: elmro

Originally posted by: z0mb13
take the NY job, live in brooklyn to avoid the city tax

What? I live in Brooklyn and have to pay the ~3% NYC tax. (Brooklyn is one of the 5 boroughs of New York City).

i thought the city tax is only if u live in manhattan...

No, I definitely pay it. It comes out of all my paychecks. I even double-checked the tax website just to make sure I should be paying it because of what you said.
"Every income-earning individual who resides in New York City and every estate and trust must pay New York City personal income tax. "
As I mentioned before, New York City is made up of 5 boroughs (Manhattan, Queens, Brooklyn, Staten Island, and the Bronx).

This is gonna make me sound really stupid, but where is Greenwich Village?

 

[elmro]

Originally posted by: shortylickens
This is gonna make me sound really stupid, but where is Greenwich Village?

It's a part of Manhattan that is between midtown and downtown.

edit: Manhattan

 

[shortylickens]

Originally posted by: elmro

Originally posted by: shortylickens
This is gonna make me sound really stupid, but where is Greenwich Village?

It's a part of Manhattan that is between midtown and downtown.

edit: Manhattan

For some reason in my mind Hells Kitchen was a lot bigger.

So where does Jerry Seinfeld live (or supposedly live)?

 

[lokiju]

How old is your sister? Is she married, does she want to have kids in the near future?

If it were me, being 27 now and married, I'd probably end up going with the NC one.

I'd be able to buy a home and raise a family.

 

[jjones]

If she can stand it, I'd take the NYC job for at least 3 - 5 years. Good experience, good networking opportunities, good background to have on your resume.

 

[Nerva]

you can live very comfortably with 170k in new york. she can afford a nice apartment in the upper east side and be have plenty of money left over for savings, the city and everything else. this is a no brainer.

 

[xospec1alk]

Its amazing what people assume about nyc sometimes...its not THAT expensive...

 

[SoulAssassin]

Originally posted by: TallBill
Take the 170K and live like shes making 60K.

I would do exactly this. Take the NYC job, live like a pauper for a couple years and bank a crazy amount of money. Move to NC or somewhere else with a lower cost of a living and with the money you've saved you can buy a friggin mansion.

 

[bonkers325]

Originally posted by: PhoenixOrion
I just had a long conversation on the phone with my sister.

She has two job offers: $170K/year live and work in Manhattan versus $98K/yr live and work in Raleigh.

She has zero debt and a fairly modest lifestyle so I said to go for the NY job since its a fun city and better to experience living there while she can actually afford it. Although for the long-term, its financially wise to go to NC and she can actually buy a house so she can actually start putting equity into something but still have plenty of left-over to go to savings and for her fun stuff like shopping.

Any other angles?

it depends on where she lives. if she lives in manhattan, eats out often and goes clubbing a lot, then living expenses will be anwhere from $4k-$6k a month. if she lives in the outer boroughs, cooks for herself, and only goes to happy hour on fridays, then she will be able to save more than $50k of her salary a year. she could do the same in NC, but living in the city is such a great experience i'd say do it anyway!

also, you can still buy a house in NC while living in NYC. she can just rent out, or just save up until she can put a huge down payment on a house in NC.

 

[StageLeft]

Single person probably NYC. Family, $170k won't get you far at all if you want a house, so definitely NC in that case.

People need to remember the cost of living in NYC is abominable.

 

[Uppsala9496]

What about the benefits of both places? Medical, 401k, vacation time, bonuses, etc.

 

[trmiv]

I don't get people saying she should take the NY job and then live like a pauper to save money. The entire point of taking the NY job would be to experience living in New York, she's not going to get that living like a freaking hermit. If she's going to take the New York job she should live in Manhattan and be Carrie Freaking Bradshaw. Hell if she wants to save money she can take the NC job, buy a McMansion and still have money left over to save and trips to NY when she wants to party.

Personally I'd choose NC, then again my view is skewed because I just moved my ass across the country from the SF Bay Area to live in NC. 170K in NY is good money, but 98K in Raleigh is insane money. And as long as she isn't stupid like me and trying to commute to RTP from North Raleigh she'll have a nice stress free commute too.

 

[squirrel dog]

North Carolina is very nice . You have the mountains and the beach is three hrs away ? At 98k per she is making more than enough to live very well . The quality of life is much better in NC , way lower crime , property values are realistic , I would do NC in a heart beat .

 

[evident]

what does she do?

 

[MrChad]

Having lived and worked in Manhattan up until a month ago, I can safely say that 170k will go quite a long way. She will be able to afford a nice apartment (bigger than a shoebox) in a decent area in Manhattan, she will be able to go out and enjoy the restaurants and bars of the city and she will still have money left over to save. I understand that the cost of living in NYC is high, but most people in this thread do not know what they're talking about when it comes to how expensive it is.

In my opinion, if she is young and single she should go with the NYC job. NYC is an experience like no other. I lived there for 3 years, and although I can't say that I could do it for a lifetime, it is an experience I will never forget and will never regret. As others have mentioned, she will have great networking opportunities to advance her career there. This would be a different story if she were raising a family, but for her current situation, my vote goes to NYC.

 

[PhoenixOrion]

Originally posted by: alkemyst

Originally posted by: PhoenixOrion

Originally posted by: Quasmo
That's almost double the difference. I'd go with the NYC job.

If it were $120 in NYC vs $98 in Raleigh, that would be a pretty different story...but an extra $50k on top of that and almost double the Raleigh pay; it's a freaking no brainer.

I would think that even at $120K it would still be good in NYC especially for someone who doesn't have any debt and would just rent an apartment.

 

[The Green Bean]

Originally posted by: SoulAssassin

Originally posted by: TallBill
Take the 170K and live like shes making 60K.

I would do exactly this. Take the NYC job, live like a pauper for a couple years and bank a crazy amount of money. Move to NC or somewhere else with a lower cost of a living and with the money you've saved you can buy a friggin mansion.

I love it the way Americans say 60,000$ is a pauper's salary

 

[K1052]

Originally posted by: The Green Bean

Originally posted by: SoulAssassin

Originally posted by: TallBill
Take the 170K and live like shes making 60K.

I would do exactly this. Take the NYC job, live like a pauper for a couple years and bank a crazy amount of money. Move to NC or somewhere else with a lower cost of a living and with the money you've saved you can buy a friggin mansion.

I love it the way Americans say 60,000$ is a pauper's salary

$60K gross living in NYC/Manhattan isn't dick. $60K gross in the Midwest is quite a bit.

It all depends on where you live as to how far it goes.

 

[MrDudeMan]

I'd go to North Carolina any day of the week over NYC. Crime, smog, traffic, bad weather, and high cost of living are just a few things off the top of my head. If you think there is nothing to do in NC, you obviously haven't been there. Drinking and going out on the town isn't exactly the most fun thing to do for a lot of people, and other than that, what does NYC have to offer? I've been there once and will never go back if I can help it. Being in a city where I can ride my bike or drive my car, both being an effective way to commute, and having mountains nearby is more fun every day of the week.

 

[ElFenix]

NYC for a few years and then move to london like everyone else (damn SOx)