Menlo Park vs NYC Take-Home Compensation
What’s the take home difference in compensation between both of these locations? Would it be feasible to save 90k each year in Menlo Park (assuming comp of 150k each year)?
Have you heard of "taxes"?
Your comp could be 150k, but a large portion will go to taxes, rent, student loan, food, and other basic things. 90k seems highly unrealistic even if you live the most minimalistic lifestyle.
I mean taxes alone brings you down to 100k. So no, it is not feasible to save 90 or anywhere close to it. 50k seems "kind of" realistic if you have no loans.
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