Cost of Living vs Salaries | Design Buddies 🐰 | Page 1

grand kayak Jul 30, 2021, 5:26 PM

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That’s still over a third of my monthly salary, tho.

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I hear you don’t want to spend more than that third.

lunar crest Jul 30, 2021, 5:26 PM

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up down... that can go up to about 5500 a month

grand kayak Jul 30, 2021, 5:26 PM

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Holy!

lunar crest Jul 30, 2021, 5:26 PM

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but yeah thats the rule of thumb for mortgage as well

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yeah

grand kayak Jul 30, 2021, 5:27 PM

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I only make 30k/yr…

lunar crest Jul 30, 2021, 5:27 PM

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i make 76k a year... but idk how much that can go up lol

grand kayak Jul 30, 2021, 5:27 PM

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Well, in USD.

lunar crest Jul 30, 2021, 5:27 PM

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ah ok

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then...

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50kish

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LOL

grand kayak Jul 30, 2021, 5:27 PM

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I was thinking I’d be thrilled with anything above 40 or 50. Haha

lunar crest Jul 30, 2021, 5:28 PM

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in Canada this salary is not abd at all

grand kayak Jul 30, 2021, 5:28 PM

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Guess I gotta aim higher XD

winter fulcrum Jul 30, 2021, 5:28 PM

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30K euro for NL is normal too

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Above 50K you'll pay 50% tax

grand kayak Jul 30, 2021, 5:28 PM

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30k euro is a LOT of USD, tho

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Oh, not as many as I thought

lunar crest Jul 30, 2021, 5:29 PM

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there was that article I shared yesterday but yeah pretty much Van and Toronto is like

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one of the worst not livable places

grand kayak Jul 30, 2021, 5:29 PM

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winter fulcrum Above 50K you'll pay 50% tax

Wait, this is just on what you make over 50k, right? Not that they’ll take 25k of your 50k?

winter fulcrum Jul 30, 2021, 5:29 PM

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I'm in luck though

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Pay 300 a month for 50sqmt

grand kayak Jul 30, 2021, 5:30 PM

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Sheesh. I pay almost 3x that for less than half the space. xD

lunar crest Jul 30, 2021, 5:30 PM

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grand kayak Wait, this is just on what you make over 50k, right? Not that they’ll take 25k o...

its the same as states tax bands

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u dont pay tax on the total 50%

grand kayak Jul 30, 2021, 5:30 PM

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lunar crest its the same as states tax bands

Okay, cool.

lunar crest Jul 30, 2021, 5:30 PM

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u pay on the part thats over that bracket

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a lot of ppl have that misconception with taxes

grand kayak Jul 30, 2021, 5:31 PM

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Took me a while to get the bracket thing before because some people tried to explain that they were against taxes by saying it was 30% of all your income yadayada

lunar crest Jul 30, 2021, 5:32 PM

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yeah those ppl are out to lunch and dont get taxes

grand kayak Jul 30, 2021, 5:32 PM

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Japan is also on a bracket system. And we pay insurance and such based on previous year’s income.

lunar crest Jul 30, 2021, 5:32 PM

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i think taxes are stupid in the sense of how theyre spent efficiently by the gov

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but thats a different story XD

grand kayak Jul 30, 2021, 5:32 PM

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(My bills went down this year because COVID-19 cut my salary last year…)

winter fulcrum Jul 30, 2021, 5:33 PM

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Yeah would be 36k or so

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Of the 50k

grand kayak Jul 30, 2021, 5:33 PM

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??

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That’s over 50%…

lunar crest Jul 30, 2021, 5:34 PM

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https://taxsummaries.pwc.com/netherlands/individual/taxes-on-personal-income#:~:text=2021 rates for box 1 income&text=* In the first bracket of,a flat rate of 31%25.

Netherlands - Individual - Taxes on personal income

Detailed description of taxes on individual income in Netherlands

grand kayak Jul 30, 2021, 5:34 PM

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Ugh, all the places I have considered living have terrible costs of living. What’s a poor person to do? xD

lunar crest Jul 30, 2021, 5:34 PM

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grand kayak Ugh, all the places I have considered living have terrible costs of living. What...

move out of the city or move to a part of the city thats cheaper

clear ferry Jul 30, 2021, 5:35 PM

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I wanted to pop in and say 50k USD would be paycheck to paycheck in cities like SF, LA, NYC but reasonable in cities like Louisville, KY

lunar crest Jul 30, 2021, 5:35 PM

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and or share appartments like eg get a 2bed 2 bath and convert the den to another bedroom

grand kayak Jul 30, 2021, 5:35 PM

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clear ferry I wanted to pop in and say 50k USD would be paycheck to paycheck in cities like ...

But are there good jobs to be found there?

clear ferry Jul 30, 2021, 5:35 PM

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yeah you’d definitely have to share apartments

lunar crest Jul 30, 2021, 5:35 PM

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theres regional offices of some big companies

hoary crater Jul 30, 2021, 5:35 PM

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same in winnipeg LOL

clear ferry Jul 30, 2021, 5:35 PM

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define good?

grand kayak Jul 30, 2021, 5:35 PM

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Ugh, don’t wanna ever deal with roommates again. Maybe I will stay in Tokyo after all.

hoary crater Jul 30, 2021, 5:36 PM

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like $700/month in a decent place close to uni

lunar crest Jul 30, 2021, 5:36 PM

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its part of the reason of high living costs in big cities

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the jobs are there

hoary crater Jul 30, 2021, 5:36 PM

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with tech jobs you can also work remote tho

grand kayak Jul 30, 2021, 5:36 PM

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clear ferry define good?

Like, actual interesting work that doesn’t pay based on the cost in that area.

winter fulcrum Jul 30, 2021, 5:36 PM

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Depends

hoary crater Jul 30, 2021, 5:36 PM

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the pay cut you take from working remote is less than what you save living in a cheaper place

clear ferry Jul 30, 2021, 5:37 PM

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like good growth, high paying? A lot of companies are going remote now (my internship place and current workplace offer remote), so they’re getting paid maybe a little less but still insanely above the median in their LCOL areas

winter fulcrum Jul 30, 2021, 5:37 PM

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Many still don't always do rem0te

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With tech consulting at least

grand kayak Jul 30, 2021, 5:37 PM

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hoary crater with tech jobs you can also work remote tho

Yes, but that’s rare, even with the pandemic. Most places are only part remote that I’ve seen.

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Japan is almost 0 remote.

lunar crest Jul 30, 2021, 5:37 PM

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hoary crater with tech jobs you can also work remote tho

not aways... depends

winter fulcrum Jul 30, 2021, 5:37 PM

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grand kayak Yes, but that’s rare, even with the pandemic. Most places are only part remote t...

Yeah, same here

lunar crest Jul 30, 2021, 5:37 PM

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plus remote they pay you the regional salary

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not of the highest salary

grand kayak Jul 30, 2021, 5:37 PM

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But I can get a nice 20sqm apt for $800

clear ferry Jul 30, 2021, 5:37 PM

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I’m remote, but still living in a relatively HCOL area. Average rent prices in my area are $1500-1800 for studio, but I still live with my parents for free because remote jz_misspinki_confetti

lunar crest Jul 30, 2021, 5:38 PM

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grand kayak But I can get a nice 20sqm apt for $800

thats too small to exist I think

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in Toronto at least

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unless its shared with someone

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smallest ive seen is like...400-500 sq ft

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thats 37 sq m

clear ferry Jul 30, 2021, 5:38 PM

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yeah Japan has micro apartments but that’s just not a thing in California pain

grand kayak Jul 30, 2021, 5:38 PM

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lunar crest thats too small to exist I think

Been doing it for 7 years. I love the size for me. Wish they’d do more tiny apartments in western cities. It’d help with the CoL.

lunar crest Jul 30, 2021, 5:39 PM

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yeah no... im defintely against tiny apartments XD

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i would die right now no joke... my stress level already through the roof

grand kayak Jul 30, 2021, 5:39 PM

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Why? Better than sharing with a stranger who steals your food and hides boys under their bed

lunar crest Jul 30, 2021, 5:40 PM

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cant go outside and be safe cause covid... so need to be inside

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and if thats my inside space of 200sq ft....ooof

grand kayak Jul 30, 2021, 5:40 PM

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Would much prefer to be inside on my own than with someone I hate

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Or worse, three people I hate.

lunar crest Jul 30, 2021, 5:40 PM

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there are good roomates!

grand kayak Jul 30, 2021, 5:40 PM

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I’ve had one out of 13.

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One even got evicted for doing drugs and being four months behind on rent. 😅

lunar crest Jul 30, 2021, 5:42 PM

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i had 1 bad out of like 5 maybe 6

grand kayak Jul 30, 2021, 5:42 PM

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I like being in control of my own space. The small part isn’t bad, though I sometimes wish I had a bigger desk. But I can make my own hours and cook my own food and not worry about working around someone else’s schedule.

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Especially if they’re total strangers.

lunar crest Jul 30, 2021, 5:42 PM

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yeah for that here will have to pay the prem for being in a studio room

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studios are also more expensive than some shared rooms

grand kayak Jul 30, 2021, 5:43 PM

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lunar crest i had 1 bad out of like 5 maybe 6

My bad might be closer to your neutral. 😅 I do not like people who keep me up all night or wake me up at 5am.

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Or who leave dishes in the sink for weeks. Or don’t ever take out the trash or whatever.

lunar crest Jul 30, 2021, 5:43 PM

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eh i think that counts as bad for me XD

grand kayak Jul 30, 2021, 5:43 PM

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Some people are fine with that, but I am not.

lunar crest Jul 30, 2021, 5:44 PM

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like just being respectful in general

clear ferry Jul 30, 2021, 5:44 PM

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also note Toronto’s rent prices skyrocketed in the past years (like 150%+), but that’s not the case in other… far away close to the wilderness cities lool

grand kayak Jul 30, 2021, 5:44 PM

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But if there aren’t any jobs, then cheap housing doesn’t really matter. 😅

lunar crest Jul 30, 2021, 5:44 PM

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yup shrug

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i mean theres a lot of livable places in GTA

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eg Oakville 2 bed 2 bath is 2600

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thats 1/2

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and they can defs work toronto dt jobs

grand kayak Jul 30, 2021, 5:45 PM

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The trouble with staying in Tokyo is I’m already pretty near the top of what people like me can make (which is just over $30k/yr USD). And I don’t want to be stuck with that. It’s paycheck to paycheck, but at least it’s livable.

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I make more than the average in Japan. Wild when you think about how pricy some of the city housing gets. (I’m about half an hour out of the city proper.)

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(It’s wild to see people talking about $80k/yr and stuff being average, because that’s way beyond what I ever would’ve thought to look for.)

winter fulcrum Jul 30, 2021, 5:49 PM

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Can't compare countries though

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Even when converting money

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Here 80k a year would be crazy high (even in dollars)

grand kayak Jul 30, 2021, 5:50 PM

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True, but even in the US, that seems insanely out of reach. (I was making $10/hr full time when I lived there.)

lunar crest Jul 30, 2021, 5:50 PM

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depends on the company some tech salaries are pretty shocking for me in the states

grand kayak Jul 30, 2021, 5:51 PM

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Only for the best of the best, which is not me. ._.

clear ferry Jul 30, 2021, 5:51 PM

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yeah tech salaries are insane

grand kayak Jul 30, 2021, 5:51 PM

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I survived on the $10/hr, but having no insurance was the worst.

lunar crest Jul 30, 2021, 5:51 PM

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Eg this is Facebook

winter fulcrum Jul 30, 2021, 5:51 PM

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I'm currenyl asking 2500 a month (in euroes)

grand kayak Jul 30, 2021, 5:51 PM

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And it was impossible to save.

clear ferry Jul 30, 2021, 5:51 PM

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i do not identify as best of the best, but I still managed to get $75k with 1 internship yewhat

winter fulcrum Jul 30, 2021, 5:52 PM

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Lol that's crazy

grand kayak Jul 30, 2021, 5:52 PM

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That’s still a whole internship more than I have.

winter fulcrum Jul 30, 2021, 5:52 PM

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Cognizant only gave me 500 euro a month

lunar crest Jul 30, 2021, 5:52 PM

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im getting... equiv to...

clear ferry Jul 30, 2021, 5:52 PM

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yeah, the first internship was barely above minimum wage

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you just need that one start and then the salary goes up higher with more experience

grand kayak Jul 30, 2021, 5:52 PM

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Ugh, I’m feeling like maybe I should just quit and settle for this paycheck to paycheck teacher salary. xD

lunar crest Jul 30, 2021, 5:52 PM

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62.5k a year USD equiv only here lol

clear ferry Jul 30, 2021, 5:52 PM

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some people go their entire life making $40k, but tech has incredibly high growth jz_misspinki_sweat

winter fulcrum Jul 30, 2021, 5:53 PM

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How do companies like Accenture pay in the US?

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For junior roles

grand kayak Jul 30, 2021, 5:53 PM

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lunar crest 62.5k a year USD equiv only here lol

ONLY?? That still seems crazy high to me.

clear ferry Jul 30, 2021, 5:53 PM

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which imo i don’t agree with, teachers and public workers def need to be paid more

lunar crest Jul 30, 2021, 5:53 PM

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grand kayak ONLY?? That still seems crazy high to me.

compared to other salaries of like 90k at the same level USD

grand kayak Jul 30, 2021, 5:53 PM

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Me and my $15-20/hr… T__T

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It’s summer right now, so no money for this month.

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Which is partly why seeing even anything above $40k/yr, especially if it has, like, PTO or insurance, seems so awesome. But if it’s not actually livable…

lunar crest Jul 30, 2021, 6:00 PM

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clear ferry which imo i don’t agree with, teachers and public workers def need to be paid mo...

defintely would be nice a lot of nurses are also underpaid for eg

lunar crest Jul 30, 2021, 6:01 PM

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grand kayak ONLY?? That still seems crazy high to me.

the funny thing is as a landlord i make almost 50k a year which was maybe a lot easier than landing a job for 50k a year lol

grand kayak Jul 30, 2021, 6:02 PM

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But you have to have the money to buy property first, anyway.

lunar crest Jul 30, 2021, 6:02 PM

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yeah

grand kayak Jul 30, 2021, 6:02 PM

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(Also, as a renter who has been ripped off often, I am not a big fan of landlords…)

lunar crest Jul 30, 2021, 6:03 PM

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technically... if I didnt mess up super hard... i was pulling in about 3-4k sometimes 10k a month from investing in stocks and etc...but I highly dont recommend doing that

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im a pretty resonable and approachable landlord... pepesmile

grand kayak Jul 30, 2021, 6:03 PM

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Yeah, I’m just trying to make sure I can put food on my table. 😅

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Maybe go see a couple plays… do a budget trip once a year…

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(I am really good at planning whole vacations for under $300.)

lunar crest Jul 30, 2021, 6:04 PM

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grand kayak Maybe go see a couple plays… do a budget trip once a year…

get a car or two as well every other year (jkjk)

lunar crest Jul 30, 2021, 6:04 PM

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grand kayak (I am really good at planning whole vacations for under $300.)

thats a super valuable skill that I wish I had lol

grand kayak Jul 30, 2021, 6:04 PM

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No car at all! Just $80 on trains each month. Haha.

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It involves sleeping in manga cafe booths and taking local trains everywhere (which takes many many times longer than bullet trains or flying), so I don’t recommend it if your time is valuable, but if you have time and not money…

lunar crest Jul 30, 2021, 6:06 PM

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yikes ok XD

grand kayak Jul 30, 2021, 6:08 PM

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I end up with long unpaid breaks, so it’s great for me.

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I’d try to work other jobs or whatever, but… that’s illegal.

lunar crest Jul 30, 2021, 6:08 PM

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yeah right now i have 0vacation days LOL

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im paid in leiu

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but i dont have vacation days

grand kayak Jul 30, 2021, 6:09 PM

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I have 0 vacation days, but I do have all of August off with no pay.

#Cost of Living vs Salaries