This isn’t really a GQ, but I’m looking for as much factual info as possible, and certainly don’t expect debate. I may end up working in the NYC area, about 8 miles from Manhattan, but still in NJ. I had to reject the company’s first offer, and now they are asking for my input.
Being that the economy, well… sucks, I’m not trying to improve my lot. I would just like to come close to maintaining my present standard of living. I own a home in Western NY (about 1800 square feet) but only pay $600/m mortgage despite being in a pretty comfortable suburban environment.
My question in simplest terms, is what do I multiply my current income by to live in the same fashion? I’ve tried calculators on the net*, and they seem to average about 1.25, but vary quite a bit and don’t offer much explanation, which would be much appreciated.
On a related note, any suggestions on slightly less urban settings (that I can afford) just across the Hudson from Manhattan? A commute of 30, or even 60 minutes wouldn’t bother me.
*[sub]Usually comparing Rochester (the closest urban center to me) and the cities of Newark, Paramus, and Jersey City (all of which seem close to the area in question)[/sub]