family of four trying to live in NYC on 400k

Brooklyndan wrote:

asfasdfadsfs wrote:

I went to Hunter, my brother went to Stuy. Sorry all that money couldn't buy you smarter kids.

Did you run for Mendes?

Yeah, he switched schools while I was there.

Personal Problem wrote:

NYC is an overpriced, third-world s**thole. If you really cared about your wife and kids you'd move them the heck outta there.

Dirty air, dirty people, crime, terrorism, gang violence, bed bugs, angry New Yorkers, ridiculous prices for everything, no chirping birds, nowhere to park, terrible for exercising.

I'd hang myself within minutes if I had to live there.

Nailed it

asians are awesome wrote:

Personal Problem wrote:

NYC is an overpriced, third-world s**thole. If you really cared about your wife and kids you'd move them the heck outta there.

Dirty air, dirty people, crime, terrorism, gang violence, bed bugs, angry New Yorkers, ridiculous prices for everything, no chirping birds, nowhere to park, terrible for exercising.

I'd hang myself within minutes if I had to live there.

Third World? Crime? NYC is one of the safest cities in America, and if you just look at Manhattan you won't find another big city with as low of a violent crime rate.

Not even going to engage you on the other points. Go back to Kansas and fry some baloney.

Dude, it sounds like you’ve never been to NYC.

sdfasdfadfasd wrote:

Dave F In Ramsey wrote:

My wife and I make $365K. We live in NH. No sales tax, no income tax. We save nearly 100K per year, send our kids to eye wateringly expensive but really good private schools and we live in a 2500 Sq foot $500K house with a 150 K mortgage that we pay $1045 a month on. Our property taxes are 6K per year.

Why the f would anyone want to live in NYC?

To get all the things you can't get in NH: good food, culture, away from hicks, etc.

Everyone in NYC I know goes home tired at night just like the rest of us and crashes on the couch. I dont buy the culture thing at all - are you going to the opera every night? Also - I prefer humble NH hicks to loud mouth losers from new jersey or long island who carpet NYC. White trash rednecks are evenly distributed throughout America, they just come in different forms.

Self inflicted wounds. There are a zillion upper middle class neighborhoods in NJ and Long Island with great public schools and affordable houses (compared to NYC) where $400k a year will allow you to live very comfortably. But you will have to take the train to work every day with the unwashed masses. And you will live closer to an Applebees or Friday's than you will the latest authentic French Brasserie on the upper west side. But that is because you cannot afford to live in NYC. And you do not have to. Just like you can chose between bringing a $4 frozen dinner to put in the microwave for lunch or go down to have a $26 prix fixe lunch, you have options in NYC. No one is required to live in Manhattan or Brooklyn.

Dave F In Ramsey wrote:

sdfasdfadfasd wrote:

To get all the things you can't get in NH: good food, culture, away from hicks, etc.

Everyone in NYC I know goes home tired at night just like the rest of us and crashes on the couch. I dont buy the culture thing at all - are you going to the opera every night? Also - I prefer humble NH hicks to loud mouth losers from new jersey or long island who carpet NYC. White trash rednecks are evenly distributed throughout America, they just come in different forms.

Racism and classism in three words.

Precious Roy wrote:

Self inflicted wounds. There are a zillion upper middle class neighborhoods in NJ and Long Island with great public schools and affordable houses (compared to NYC) where $400k a year will allow you to live very comfortably. But you will have to take the train to work every day with the unwashed masses. And you will live closer to an Applebees or Friday's than you will the latest authentic French Brasserie on the upper west side. But that is because you cannot afford to live in NYC. And you do not have to. Just like you can chose between bringing a $4 frozen dinner to put in the microwave for lunch or go down to have a $26 prix fixe lunch, you have options in NYC. No one is required to live in Manhattan or Brooklyn.

Hogwash.

The upper west side hasn't had a good authentic French Brasserie in decades.

what help were hoping to get from letsrun? you didn't even ask a question just crying like a little baby

Serious question for the OP...

Are you the same person as ‘Paisano’, ‘realbber’, ‘East coast’, etc? Why do you keep making these same threads over and over? Initially they were amusing but they’ve gotten stale as of late.

Precious Roy wrote:

Self inflicted wounds. There are a zillion upper middle class neighborhoods in NJ and Long Island with great public schools and affordable houses (compared to NYC) where $400k a year will allow you to live very comfortably. But you will have to take the train to work every day with the unwashed masses. And you will live closer to an Applebees or Friday's than you will the latest authentic French Brasserie on the upper west side. But that is because you cannot afford to live in NYC. And you do not have to. Just like you can chose between bringing a $4 frozen dinner to put in the microwave for lunch or go down to have a $26 prix fixe lunch, you have options in NYC. No one is required to live in Manhattan or Brooklyn.

There are nice relatively inexpensive areas in Queens, Brooklyn, and even Manhattan. You will also get authentic ethnic food in these areas.

fsdafsdafsd wrote:

Dave F In Ramsey wrote:

Everyone in NYC I know goes home tired at night just like the rest of us and crashes on the couch. I dont buy the culture thing at all - are you going to the opera every night? Also - I prefer humble NH hicks to loud mouth losers from new jersey or long island who carpet NYC. White trash rednecks are evenly distributed throughout America, they just come in different forms.

Racism and classism in three words.

OK, I will say uneducated white people who make bad life decisions and constantly move from one crisis to the next. At least Trump was smart enough to turn them into the next victim class and fire up their spirits! It follows the same liberal narrative sequence of 1. Who's been hurt? Poor white people. 2. Who's to blame? Corporations and rich white people! 3. Who should fix it? The government!

50 Years later , plus ca change !

PS Yes I'm aware that $80,000 in December 1968 is the equivalent of $558,573.52 in January 2018 .

tax rate is nowhere near 50%, even in NYC with their state/local taxes.

Assuming each is putting away $18.5k + HSA + 529/etc or like 360k effective income now, and pre-trump tax laws thats 34% effective tax rate. Not even close. With Trump it gets even lower for them

This is just a classic case of lifestyle inflation. Everyone tend to spend what they make. Also, keeping up with joneses is a real thing. When you see your coworkers spending similar amount, it makes you want to spend similar amount and feel that it’s okay.

It happens to all of us with social pressure.

John Utah wrote:

asians are awesome wrote:

Third World? Crime? NYC is one of the safest cities in America, and if you just look at Manhattan you won't find another big city with as low of a violent crime rate.

Not even going to engage you on the other points. Go back to Kansas and fry some baloney.

Dude, it sounds like you’ve never been to NYC.

And you sound like a retard tourist from Kentucky. Are you seriously trying to dispute the fact that NYC has the lowest homicide rate of all the top 25 largest cities?

Serious question... wrote:

Serious question for the OP...

Are you the same person as ‘Paisano’, ‘realbber’, ‘East coast’, etc? Why do you keep making these same threads over and over? Initially they were amusing but they’ve gotten stale as of late.

Maybe there are site employees who have data on the type of threads that provoke responses, and they repeat themes over the years to drive traffic here.

Smart biz model wrote:

Serious question... wrote:

Serious question for the OP...

Are you the same person as ‘Paisano’, ‘realbber’, ‘East coast’, etc? Why do you keep making these same threads over and over? Initially they were amusing but they’ve gotten stale as of late.

Maybe there are site employees who have data on the type of threads that provoke responses, and they repeat themes over the years to drive traffic here.

this lol

Lived in nyc with the wife. She got a great job in philly. Our take home is 6k a month. We live like kings with our 2 sons. Daycare is expensive (1800$ per kid, per month), but we have a 2k square ft house that cost 419k. Taxes are 1200$ a year. Private schools are gonna be a giant pay raise for us after daycare. 6k total till HS. Then 16k total. Move here.

My brother lives on a net income of 800 a month in a suburb of St. Louis. It s possible.