Cost of Living Chicago vs NYC
I am currently interviewing for a Consultant position with openings in Chicago and NYC. During the interview process I told them I was shooting for $70's for compensation if living in Chicago. However, later on the Firm said they would prefer me to be located in the NYC office.
However, after looking at this COL calculator (http://cgi.money.cnn.com/tools/costofliving/costo…) .
It looks like if I make $75,000 in Chi I would need to make $143K to be equivalent in Manhattan...even Brooklyn is $119K.
This seems a little absurd to me! I know rent is double in Manhattan compared to Chicago, but is it really comparable to need to double your salary from Chicago to Manhattan in order to have the same standard of living?
I can not see the firm increasing my compensation package to 6 figures just because I live in NYC...