US salary
How do you work out if you will have enough money or not? Husbands job offer in USA is a pay increase but I won’t be working to start off with, so I’m trying to work out if we will have enough to live on. What is a reasonable salary? Is there a website that can help us work out what we will be paying in taxes etc. We will be on the MA, NH border (probably living in NH but may end up in MA) |
Re: US salary
Used to be you kept the number and changed the currency, now maybe be add 20%?
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Re: US salary
Try this site https://www.numbeo.com/cost-of-living/comparison.jsp
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Re: US salary
Your starting point is to ensure that the right rate is being paid for that job in the USA, using a website like this (there are many others): https://www.glassdoor.com/Salaries/p...RCH_KO0,15.htm
What can seem like a good salary in UK terms (are you in the UK?) can be a poor salary here. When you are settled on the proposed salary you then need to understand if you can live on that salary and achieve the life style you want. |
Re: US salary
Originally Posted by Pawsington
(Post 12779541)
How do you work out if you will have enough money or not? Husbands job offer in USA is a pay increase but I won’t be working to start off with, so I’m trying to work out if we will have enough to live on. What is a reasonable salary? Is there a website that can help us work out what we will be paying in taxes etc. We will be on the MA, NH border (probably living in NH but may end up in MA) FWIW, I'd avoid Numbeo like the plague, it's notoriously inaccurate. Hopefully as more people contribute it will get better but for now it's pretty dire IMO. |
Re: US salary
Healthcare looks to be approx $300 every 2 weeks then with a 10% co pay on top (is this good or bad?) it’s blue cross blue shield. 2 adults 2 kids. Rent looks to be $3000-$4000 pcm without property taxes. We will need to buy 2 cars when we get out there. The offer is $135k with car allowance on top. Housing looks very expensive! I thought our house in the South East of the UK was expensive! |
Re: US salary
Originally Posted by Pawsington
(Post 12779576)
Rent looks to be $3000-$4000 pcm without property taxes. Obviously your landlord will be factoring in the cost of the taxes into your rent, but it's not like it's a separate bill that you're going to be getting on top of that. |
Re: US salary
Originally Posted by TexanScot
(Post 12779592)
Unlike with Council Tax, it's only owners that pay Property Taxes in the US - not renters.
Obviously your landlord will be factoring in the cost of the taxes into your rent, but it's not like it's a separate bill that you're going to be getting on top of that. |
Re: US salary
If your husband visa allows it, do you plan on working?
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Re: US salary
Originally Posted by tom169
(Post 12779596)
If your husband visa allows it, do you plan on working?
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Re: US salary
When we rented, the owner paid the Property Tax.
Rule of thumb - multiply the GBP salary you both earn today by two and that should be enough in most locations to retain your standard of living, at least. Then you get more detailed and understand the variation in location vs. the UK equiv. As an example I left Swindon for just South of Atlanta, so my housing options improved a lot. If I'd moved to NYC, I'd have had to increase my salary just to stay still. That Healthcare sounds about right, don't forget you are offsetting that against the fact you pay for it via Tax in the UK. So salary is the first bit, then you need to work out your Take Home and compare that - some States have Income Tax, some don't (New Hampshire does not appear to, Mass does) at a smidge over 5%). |
Re: US salary
A quick google and on the NH DOJ website there is this line:
"A landlord can also include a clause to force a mid-lease rent increase if property taxes are increased." That would suggest the Property Tax is included in the rent as standard. |
Re: US salary
Originally Posted by Pawsington
(Post 12779595)
all the info I can find say that the tenant has to pay it as they are the one using the services eg education etc |
Re: US salary
Agree .... never heard of a renter paying any separate Property tax. That is paid by the property owner. However, the rent will undoubtedly cover some portion of the property taxes as well as maintenance/upkeep.
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Re: US salary
Thank you, I must have been mistaken about property taxes, thinking it was like council taxes. That makes life a little easier! |
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