I know there has been a lot of discussion about this, but what is the difference in income between both cities after taxes? How about for the long run, do VPs bring in more in London than in NY? Is it hard for someone who studied in a top Uni in the UK to get a job in NY right after finishing a master degree, or is that only possible after having some years of experience?
London vs. New York Cost of Living Differentials
WSO users have strong opinions about the differences between London and NYC including:
- Payscale is essentially the same
- London can be more expensive than NYC
- Rent is expensive in both cities
- Effective tax rate may be a bit lower in London than in NYC