$250k in New York City
#1
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$250k in New York City
Hi everyone, I'm considering the move and this would be our combined income. My wife is a USC so visas aren't an issue.
Would this be enough to live reasonably? From where I sit NYC doesn't seem much cheaper than London.
Frankly I don't want to go to the US, but would consider it if our standard of living might increase substantively.
Thanks in advance.
Would this be enough to live reasonably? From where I sit NYC doesn't seem much cheaper than London.
Frankly I don't want to go to the US, but would consider it if our standard of living might increase substantively.
Thanks in advance.
#2
Re: $250k in New York City
Yes, even by NYC standards that should get you a pretty comfortable lifestyle.
#3
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Re: $250k in New York City
Do you have any kids? Kids can absorb a lot of income.
#4
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Re: $250k in New York City
No kids yet but I think we will in the next couple years. Is having children more expensive in NYC than London? Some of the state schools I've seen in Manhattan look terrible. We wouldn't be paying for private education here.
#5
Re: $250k in New York City
You would probably want to be in Westchester, NJ or CT when you are ready for children, where there are good public school options. In the meantime, you can enjoy Manhattan for a few years.
#6
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Re: $250k in New York City
I've looked into that but the train services out of NYC are horrendously slow and infrequent, especially on weekends. At least London makes it convenient to live outside the city. We're mid 30s so kids are likely to be sooner rather than later.
#7
Re: $250k in New York City
Then you should be checking out the rather astronomical private school fees if you are thinking of raising children in the city -- that will indeed make a hole in your budget. Have to admit I never thought of the train service into the city as particularly slow and I certainly wouldn't describe it as infrequent for commuters. . Suppose I'm just used to it!
#8
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Re: $250k in New York City
Then you should be checking out the rather astronomical private school fees if you are thinking of raising children in the city -- that will indeed make a hole in your budget. Have to admit I never thought of the train service into the city as particularly slow and I certainly wouldn't describe it as infrequent for commuters. . Suppose I'm just used to it!
I get the impression American politicians worry that wanting to invest in mass transit makes you a communist.
#9
Re: $250k in New York City
Then you should be checking out the rather astronomical private school fees if you are thinking of raising children in the city -- that will indeed make a hole in your budget. Have to admit I never thought of the train service into the city as particularly slow and I certainly wouldn't describe it as infrequent for commuters. . Suppose I'm just used to it!
Last edited by Michael; Jun 1st 2015 at 11:21 pm.
#10
Re: $250k in New York City
You're kidding right? I commute to NYC from Westchester on Metro-North after a decade commuting to London from Kent on Southeastern and Metro-North is commuter paradise in comparison.
#11
Re: $250k in New York City
I don't live a particularly luxurious lifestyle, but I found the quality of life I could afford to be much less than in London on a matching salary at the prevailing exchange rate, which was at around $1.4/£1. I have consistently said that I would only return to NYC to work for about 50%-60% more than LondonCalling is considering because I found the cost of living to be that high. ...... Maybe I've just had it too good for the past 12 years down here!
#12
Re: $250k in New York City
I guess it depends on your experience of commuting in London ss to what you will think of M-R North.
Last edited by Pulaski; Jun 2nd 2015 at 1:20 am.
#13
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Re: $250k in New York City
Return trains during evening peak also offer drop off express trains, one or two stop express trains plus the usual stop at every lamp post service.
I come from a railway background in the UK and the service into NYC is considerably cheaper and more reliable than a similar distance commute from the burbs into London.
#14
Re: $250k in New York City
I didn't realise commuting into London from Kent was that bad? Metro-North sucks compared to SW Trains into Waterloo. Trains every 15 minutes on most lines and half an hour into Waterloo (my service was 16 trains an hour IIRC ), as compared to trains at bizarrely irregular times every 25-40 minutes for a journey that was almost an hour from Whiteplains.
I guess it depends on your experience of commuting in London ss to what you will think of M-R North.
I guess it depends on your experience of commuting in London ss to what you will think of M-R North.
But that extra connectivity makes for much more complex operations and far more things to go wrong, so IME Metro-North has been far more reliable. In the four years I've been commuting on MNR I've experienced on average one major disruption a year and delays of up to half an hour maybe every six months on average.
In comparison, half hour delays on Southeastern were barely worth noting, and pretty much every month or so I'd rock up to St Pancras to find a huge crowd of people at the gates because the "high-speed" service was down, and would have to decide whether I should wait it out or tube to Victoria to see if the service there was still running.
And then there's the spaciousness of the trains. Yes MNR has the 3+2 seating like the hideous high-density British coaches, but here they are three full sized seats which anyone can fit in without having their shoulders scrunched up around their ears. Even better, the Americans don't like to sit in the middle seats anyway! Pussies. They wouldn't last five seconds on the 0757 to Cannon Street...