Are those COL calculators flame? How is it possible 200k nyc
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Date: September 16th, 2014 10:21 AM Author: Exciting church
the same as 90k in the Midwest?
(http://www.autoadmit.com/thread.php?thread_id=2676000&forum_id=2#26338378)
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Date: September 16th, 2014 11:05 AM Author: Exciting church
how are you able to accomplish the same on 60K in the Midwest?
assuming we are keeping it apples to apples
you d also have to take into account comfortable housing and private school for kids in the MW
(http://www.autoadmit.com/thread.php?thread_id=2676000&forum_id=2#26338488) |
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Date: September 16th, 2014 11:30 AM Author: Magenta karate
an extra 24K can disappear pretty easily, esp given increased overall costs.
CO-OP/HOA fees prolly eat up a good amount of utility, maintenance cost savings. I'd guess CO-OP/HOA fees are more.
regardless, if you're making 200K and have 2 kids, you won't be buying primary residence or renting at market rates in MFH so perhaps you shouldn't compare MW to MFH.
(http://www.autoadmit.com/thread.php?thread_id=2676000&forum_id=2#26338578)
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Date: September 16th, 2014 11:39 AM Author: Hyperventilating stock car
>Car/gas expenses
Unlimited metro rides is over $100/mo. If your car is paid off (like most people in the MW), you're probably spending a little more than that a month on gas, and your insurance is about $20-30/mo.
But of course, that's $100 PER PERSON in MFH but the mid west automobile costs are per car. So it's a wash.
(http://www.autoadmit.com/thread.php?thread_id=2676000&forum_id=2#26338632) |
Date: September 16th, 2014 10:51 AM Author: Sticky Private Investor Piazza
sounds about right - 90k in the midwest is a lot of money bro
I fantasize about moving there sometimes and paying an $800 mortgage
(http://www.autoadmit.com/thread.php?thread_id=2676000&forum_id=2#26338443) |
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Date: September 16th, 2014 11:49 AM Author: Exciting church
get outta here, i dont believe that shit for a minute
take a look at some houses on country club golf courses in MW, shit is approaching 500K-750K
you cant afford that on a 90K salary
(http://www.autoadmit.com/thread.php?thread_id=2676000&forum_id=2#26338680) |
Date: September 16th, 2014 11:58 AM Author: fluffy rehab
Just moved to the sticks. If anything, the COL calculators underestimate the savings.
In MFH, you can blow $50 on a night out drinking without getting silly drunk or being extravagant. That's 3 drinks + tip.
In BFE, there isn't a bar within 50 miles that serves a drink that costs more than $10 (not including a bottle of fancy wine). Spending $50 on a night out with some buddies would involve getting outrageously drunk.
In MFH, groceries are frequently purchased from local grocers or smaller stores. In the sticks, big box stores will sell all your food at a fraction of the cost.
In MFH, you have to send your kids to private school or they will get knifed. In the sticks, you just live in a decent neighborhood with it's own school district (or at least, no busing).
(http://www.autoadmit.com/thread.php?thread_id=2676000&forum_id=2#26338716) |
Date: September 16th, 2014 12:19 PM Author: 180 Slate Telephone Sneaky Criminal
Of course they are flame. The calculation heavily depends on your spending level.
For ex -
1. I *SAVE* more than 90K in MFH on less than 200K salary. Obviously the comparable salary for my spending level in bumfuck would be a lot more than 90K
2. By contrast look at the millenial above me
So there you have it
(http://www.autoadmit.com/thread.php?thread_id=2676000&forum_id=2#26338831) |
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Date: September 16th, 2014 12:27 PM Author: fluffy rehab
$200k in MFH is $115k/year after tax.
http://www.paycheckcity.com/coClientWhys/netpaycalculator.asp
It's also $136k in Texas.
Please explain how you lived in MFH on $2k/month.
(http://www.autoadmit.com/thread.php?thread_id=2676000&forum_id=2#26338860) |
Date: September 16th, 2014 1:48 PM Author: Abnormal Dilemma Striped Hyena
XOXO Poasters: "Better schools won't help nigs it's all about IQ"
"OMG how can I afford 40k a year to send my kids to private school?!"
(http://www.autoadmit.com/thread.php?thread_id=2676000&forum_id=2#26339365) |
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