130k base plus 10 perecnt bonus in austin is this once in a lifetime opportunity
I have 4 yoe based in nyc and I’m a big data engineer. I’m feeling iffy about moving down to austin but if this is a once in a lifetime opportuntity,I’ll take it. What do you guys think?
At which company/role
Idk if it’s risky to divulge all that lol but it’s an Austin based consulting company(Glassdoor 4.5 stars)and I’d be a senior data engineer
Are you implying once in a lifetime because of comp? That isn’t exceptional so I wouldn’t relocate over it. Austin is going to be a huge adjustment from NYC so I wouldn’t chase the $$$ unless you’re all in on the city
Yes because of the comp; nerd wallet says 130k in Austin is about 250k I’m nyc but I’m taking it with a grain of salt
A decent one bdrm in Austin is like $1600+ but you’ll also need a car - factor lease, car insurance, gas, etc. it adds up. Obviously Austin is way way cheaper than NYC but it’s getting progressively more expensive and is a lot less exciting if you prefer city life imo
For 4yoe, it’s pretty good for Austin.
Hardly to say it’s once in a life or not as no one knows how your life looks like. For example, it shows 80th percentile in Austin is 120k. So if you are the 80% people, likely it is.
I’m making 135k in nyc paying 1400 in rent(2800 split with roommate). No car.
It depends a lot on your potential as well. Austin has less opportunity than NYC in general.
No State taxes is also something to consider!
The nerdwallet comparison is mainly due to the cost to buy a similar sized house in both cities. If you are single or even married with no kids you would most likely stay in an apartment. When time comes to settle down with family and kids you can move to Austin. That's what most of the Bay Area folks are doing. Only other thing you can consider is, Austin real estate is moderately priced now but it might appreciate more by the time you move. But if you are confident that you will make up that loss sufficiently by earning/saving more in NYC, then do so. My 2 cents...
It's pretty decent. You'll actually be able to buy a house pretty quickly. I wouldn't exactly call it "once in a lifetime" unless your current opportunities are not good.
This is not a once in a lifetime opportunity. It can happen every year at that salary.
Austin is dope