I got offered a job in my old city my friend arranged the interview, and I would he would be my boss, it’s 200 miles away, and offers seventeen grand a year, my existing job offers £14880, but the cost of living is lower. I did some math, and this is what I came up with.
Town I currently live in
Council Tax = £906.37 per annum
Rent = £412
Wages = £1060 per month (After Tax)
Wages per annum = £14480 (Before Tax)
Wages per annum = £11584 (After Tax)
Stock option per year (sold) = £800
Wages per annum + Stock option = £12384
Rent per annum = (£4944)
Remainder = (£6533.63)
City I was offered job
Council Tax = £921.47 per annum
Rent (City Average) = £596
Wages = £1133 per month (After Tax)
Wages per annum = £17000 (Before Tax)
Wages per annum = £13600 (After Tax)
Rent per annum = (£7152)
Remainder = (£5526.53)
Difference £1007.10 in favour of the town I live in.
The job I was offered is just a cold calling job, the current job I have is in a warehouse, I’m tempted to go to the city job, but is it better to stay put? I got offered a college place, which my company will pay for, in September. I need opinions (And as to whether the Math is correct :P)