Looking to move to NYC from Atlanta, any recommendations?
Looking to move since I just got my H1B, been tired of living in this city for a while. I have a housing lease till next July, but I'm targeting a move around mid February. How much money will I need to make a clean move? What should I be thinking about? I know my tax rate going to be higher, but any idea how much less my lifestyle index is going to be when I make a base of around 75k a year?
Cost of living will probably be 20-30% more. Housing and food will be 20% plus your tax increased by both high NY State and the NYC city tax
Oof should I try for a better paying job? I have the chops and the qualifications for it. Downside is that I'm kind of a dork even by nerd standards so I have difficulty fitting in
Don't worry, 75K a year is more enough if you live in Brooklyn or Jersey City. There are plenty of teachers, journalists and artists live in NYC with 60K salary.
More info needed: planning on finding a roommate or living alone? Planning on living in a “cool” area or OK in a boring part of town? Tolerable commute length? Cook at home or eat out every meal? Answers to these questions is difference between saving $2k and $5k pre move
Hmm, right now I mostly eat out, but that can change. I wouldn't mind a 30 minute commute, 45 minutes tops. I don't really need a cool area, just decent sized housing with neighborhood bars with locals around - nothing fancy, I'm pretty cheap. I'm mostly interested in doing things around the city - see museums, participate in the art scene, etc.
I’m not writing a custom plan for you. The questions I asked are the things you need to consider. Start browsing street easy and craigslist and figure it out. You can plan any meal out (from basic lunches on up) is going to be $10 minimum, more around $15. “Decent sized” is up for debate- expect smaller quarters for more money.
Let me make sure I got this right. You are planning to move to NYC to live on 75k TC?
Yes. I know I sound like an idiot when you say it that way
But I make a little over 10k in bonuses after that