$3000 a week but live in NYC or $900 a week but live in small southern town

[BrothaZay]

Which person do you think ends up saving more money? Or better yet, who ends up with more discretionary income ?

Both have an apartment they rent

No roommates

Both have to get to work(not close enough to walk for either)

No kids


No school debt for either


For sake of argument the small town is in Tennessee(no state tax )

 

[Diunx]

Small town.

 

[BrothaZay]

Small town.

Explain

 

[Marlow Stanfield]

"$3000 a week but live in NYC or $900 a week but live in small southern town"

Illiteracy on the rise

 

[fscballin]

How much is rent

 

[newarkhiphop]

Explain

Cost of living and pawgs

 

[VegetasHairline]

weec*

 

[Devil Plisken…CMS]

3000 a week is moreeee than enough to not only live in nyc but save & spend. That’s too much man

 

[Ezekiel 25:17]

Is that gross or net income?

If we go by gross income, that's $7600/month. 5% 401k & health insurance, figure your take home is $7000/month. Rent, utilities, and food will be your highest expenses. I'd budget $5000/month just for those 3. Public transportation should be what, another $500? That leaves you with $1500/month.

I think the NY person will have more income leftover vs. the small town person.

 

[King Poetic]

NYC with 12,000 a month coming in is beautiful

U can easily find something good and its only you living there

 

[Bolzmark]

Even in NY $3000/week is very good money. You can get a decent one bedroom apartment in Brooklyn for $3K. That leaves you with $9000 for the month to spend. Make it $1500/week for a more interesting hypothetical.

 

[Mystic]

Which person do you think ends up saving more money? Or better yet, who ends up with more discretionary income ?

Both have an apartment they rent

No roommates

Both have to get to work(not close enough to walk for either)

No kids


No school debt for either


For sake of argument the small town is in Tennessee(no state tax )

I already live in a small southern town so give me the small southern town

 

[Diunx]

Explain

I'm fukking sick of city living tbh.

 

[Devil Plisken…CMS]

You can get a decent one bedroom apartment in Brooklyn for $3K.

You would not need that much

 

[Savvir]

Is that gross or net income?

If we go by gross income, that's $7600/month. 5% 401k & health insurance, figure your take home is $7000/month. Rent, utilities, and food will be your highest expenses. I'd budget $5000/month just for those 3. Public transportation should be what, another $500? That leaves you with $1500/month.

I think the NY person will have more income leftover vs. the small town person.

Your number are off..

Just ran a tax calculator… take home would be roughly $8,400