Post # 1
So bees, after a lot of posts regarding salaries, I was a little curious. Some salaries seem super high and other seem reasonable, but then again, you always have to factor in cost of living and location.
For fun, I checked out a comparison calculator to see how far my salary would go in another city/what my “comparable” amount would be in another city.
I compared my salary to what it would be in New York, Los Angeles and DC. Then I looked at what Forbes calls the most affordable city in the US….Dayton, OH.
I think Dayton is the great equalizer….as in, converting to it would give us all a sense of a level playing ground to get a real sense of bees salaries.
I make $50k in Colorado Springs, CO…..in Dayton, OH that would be $50,324.
So its not much different for me! (In contrast, my comparable in New York would be $118,270..which made me exicted..before I realized it would not go as far there).
So bees, feel free to try the calculator and play along if you are interested!!!
Post # 3
I’ll play, I make 101K in CT which is about 73K in Dayton…eh, we live pretty below our level right now so I’ll stay in CT 🙂
Post # 4
@memorialbride13: Very nice! There is probably more to do in CT than in Dayton, so probably a good choice to stay!
Post # 5
I’d make $51 less in Dayton to equal what I get here. While Dayton may be nice, I think I’ll stick with my lakes and prairie. $51 isn’t too bad of a swing. 🙂
Housing costs 391% more in Manhattan than our current location. Ouch!
Post # 6
@indibee: Crazy isn’t!!! That’s the other neat part of the calculator…you get a sense of what life would be like somewhere else. I couldn’t afford to live in NY because housing costs would go up 365% us as well! Eeeek…
Post # 7
Only for americans
I earn roughly 42k a year
Post # 8
@Pokemon: Sorry!! You could do a conversion to US and chose a starting city that matches your current city in Austraila….that might work?!?!
Post # 9
Well, my $41K in East TX is almost to the dollar comperable to Dayton. So I will stick with my sweet tea and southern drawls. Holy cow some of these places, Manhattan has a 500% increase in housing. Oh sad day, my income wouldn’t increase enough to justify moving to the Rocky Mountains in CO. I love it there! DH thinks we need to move to Alaska but I will show him that it would cost twice as much! I win!
Post # 10
I’ll play with FI’s salary 🙂 he makes about 36k here in Pittsburgh. In Dayton it would be $35,354. In Manhattan it would be $83,088 (but housing would be 439% higher, ouch!). In Los Angeles it would be $50,430 but housing would be 156% more. And in Raleigh, NC, where I’d like to move eventually, it would be $35,620 and housing would only be 4% more. Works for me 😀
Post # 11
@bmo88: wouldnt know how to guess a similar city.
Post # 12
@chasesgirl: I’m also from East TX. 🙂
The salary of my job in the Austin area wouldn’t go far in Manhattan. Housing is over 400% higher.
FI wants to live in CA, but it would cost waaay more to live there. Housing alone costs almost 200% more
Post # 13
@bmo88: @Pokemon: It isn’t very easy to compare non-US cities with US ones. Even if you find one with a similar population, it is unlikely that the financial climate will be the same.
Post # 14
Mine is down about 10K for Dayton. Not too bad considering most things would cost less – including housing at 34% less. My salary would need to double to have the same power in Manhattan.
Post # 15
Without using numbers, I’d make about 33% less in Dayton than I do now. But everything will also cost significantly less.
Post # 16
I live in Philly and my salary almost double for NY, funny since it’s only 2 hours away.