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Is the USA actually more expensive than the UK?

Is the USA actually more expensive than the UK?

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Old Jun 11th 2013, 4:17 pm
  #46  
 
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by Bink
Really? Mine is significantly lower than I would pay in the UK ...... I tried to calculate it and reckon I'm about 10-15% better off when including healthcare premiums etc (but not co pays and out of pocket costs) from a purely tax comparison perspective (so total paycheck deductions incl NI/SSN etc). ......
I agree, that was my finding too.
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Old Jun 11th 2013, 4:22 pm
  #47  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by HannahJ38
As mentioned hard to compare the two, you can get a lot of land for far less money in the U.S. hence why 'celebrities' can buy these massive homes on large estates for $3,000,000 which when compared to the UK, and currency is converted would buy you a nice house in London but not nearly on the same scale. Then again, the healthcare and school system are on polar opposites, it depends what you require more of.
How can you compare somewhere unnamed in the US where you can buy a massive house and land for $3M to London? A more accurate comparison to London would be NYC or SF...where $3M will not go very far.
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Old Jun 11th 2013, 5:23 pm
  #48  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by Pulaski
I agree, that was my finding too.
Same here last time I compared it.
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Old Jun 11th 2013, 6:37 pm
  #49  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by Pulaski
I agree, that was my finding too.
Even in NY?

It's not a tax lite state is MA...
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Old Jun 11th 2013, 6:45 pm
  #50  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by Bob
Even in NY?

It's not a tax lite state is MA...
Taxes are much higher in the NE states. On top of income taxes you have hefty sales taxes, property taxes etc, higher insurance costs, healthcare, utilities etc.
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Old Jun 11th 2013, 6:57 pm
  #51  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by Jerseygirl
How can you compare somewhere unnamed in the US where you can buy a massive house and land for $3M to London? A more accurate comparison to London would be NYC or SF...where $3M will not go very far.
Exactly - unnamed place and unnamed 'celebrity' - pointless comparison.
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Old Jun 11th 2013, 7:16 pm
  #52  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by Bink
Really? Mine is significantly lower than I would pay in the UK although there are a lot of other costs that help bring the overall expenditure back up..
You're married. I am not. I would be $6k p.a better off if I were married. My salary is 100k+ for reference, not sure how that compares with yours, but potentially I fall into either lower or higher tax brackets than you which again would affect the net pay.
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Old Jun 11th 2013, 7:22 pm
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by Bob
Even in NY?

It's not a tax lite state is MA...
Yes, when I first moved over it was to NY, and my payroll deductions were about 10% less than in London a few weeks earlier, even if I included my health insurance payments as "taxes" on my NY pay.
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Old Jun 11th 2013, 7:25 pm
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by hungryhorace
..... I would be $6k p.a better off if I were married. .....
I am going to assume you've never been married, because that is not how marriage works!
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Old Jun 11th 2013, 7:29 pm
  #55  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by Pulaski
I am going to assume you've never been married, because that is not how marriage works!
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Old Jun 11th 2013, 7:30 pm
  #56  
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Default Re: Is the USA actually more expensive than the UK?

Hah! Fair comment :-)
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Old Jun 11th 2013, 7:31 pm
  #57  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by hungryhorace
You're married. I am not. I would be $6k p.a better off if I were married. My salary is 100k+ for reference, not sure how that compares with yours, but potentially I fall into either lower or higher tax brackets than you which again would affect the net pay.
I was kinda thinking out loud as I wrote my post. I guess I had forgotten how much difference being married and having a kid makes (as well as itemized deductions). It's not that I didn't believe you, it's just easy to forget where the tax reductions come from.
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Old Jun 11th 2013, 7:32 pm
  #58  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by Pulaski
I am going to assume you've never been married, because that is not how marriage works!
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Old Jun 11th 2013, 7:50 pm
  #59  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by guitarmaan
I'm trying to weigh up where we are now, having moved here in the Sept 2012. We bought a house outright, something never possible in the UK. In theory we should be saving money with low outgoings. But it doesn't seem to have worked out like that way....

Any thoughts?
FL is far cheaper than the UK (anywhere in the UK). Not an expensive lunch today on the south coast in England was $33 or so. Lunch on the beach at home would be less than $20 for the same thing.

Some things in the US are more expensive I figure....but....can't think what. Property tax seems to be expensive in some bits of the US, but not FL so much.

And then there is the whole quality of life thing at home. Far better than the UK. Can't wait to be home again.
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Old Jun 11th 2013, 9:20 pm
  #60  
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Default Re: Is the USA actually more expensive than the UK?

Originally Posted by tinman0

And then there is the whole quality of life thing at home. Far better than the UK. Can't wait to be home again.
Definitely regional, for pretty much anywhere in the world.

I had pretty good QoL in the UK. Over here, not so much.

One thing that generally is cheaper over here in the US though is software and electronic toys, PS4 $400 v 350 squid for example.
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