Ask HN: What is really wrong with the US economy, really?

Re:Ask HN: What is really wrong with the US economy, really? by cm2012 on Thursday February 27, 2014 @06:39PM (#7316141)

I make $65000 in NYC and support my wife also. We live in a 2 bedroom with a one hour commute. At this time I feel like I'm making more money than I can easily spend - and easily better off than any generation of my white american family before me. I eat out or order in 5 times a week at least.

Its hard for me to imagine scraping by at $110k, truthfully.

[ Parent | on HN ]

Re:Ask HN: What is really wrong with the US economy, really? by eqdw on Friday February 28, 2014 @07:16PM (#7322424)

I've had discussions with my friend in NYC. He's married in NYC, I'm single in SF. My salary is $10k/yr more than his, so why do I feel like I'm barely getting by, while he's doing all these crazy Rich New York Person things.

So I did some rough calculations. According to paycheckcity.com, despite his making $10k gross less than me, when you factor in tax differences (between states, and his marital status), his take-home is $6000 MORE than me.

If you make $65k gross in NYC, and you're married, by half-assed extrapolation that puts you in the same boat as a single person in SF making $80k. Still not 110k, but a substantial difference.

[ Parent | on HN ]