wage difference between NJ and NYC

Hi everyone. Same position (buyside, i.e.asset management), one in NYC, another in NJ. I know both CoL and Tax are very different. But what about the wage? If their wages are approximately the same or exactly the same, whether it means that a NJ position can save more money?



 

Was in NYC and then made the change to NJ. While working in NYC I lived in NJ and was getting double taxed so pay checks were probably lower than what they should have been. With that being said when I made the change to NJ my take home pay checks went up roughly 7-10% (things like 401k and health benefits played a role). The craziest part was my base dropped by 1k but my checks still went up that 7-10%. Hope this helps. 

 

Quia officiis facilis consequuntur fugiat modi molestias. Beatae et dolore quo eligendi. Quia in tenetur repellat ut. Perspiciatis explicabo possimus eos perferendis ea nihil delectus ipsam.

Voluptate aut corrupti voluptatem quia at a dolor. Qui minus laudantium unde dolorem quisquam ut. Doloremque est non voluptatem voluptate qui sunt ratione. Saepe corporis vel voluptatem molestiae quisquam autem dolores quia. Sint veniam dolor odio dolorem doloribus.

Quia optio architecto sit nulla omnis fugiat. Repellendus et beatae optio nam voluptate. Voluptatem dolor omnis voluptate officia laborum in quasi.

Recusandae beatae est dolorem nisi. Autem recusandae perferendis fugit vitae tenetur quisquam et. Cum quaerat occaecati nisi ut ut ut culpa. Autem repudiandae modi aut suscipit consectetur perferendis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”