This Is How Much You Must Make To Join The "Top 0.001 Percent"

ironchef said:
It is hard for me to believe every family in the tri state area are making more than $100K a year. Yet people survive on less and by choice they live there instead of moving to Kansas. Maybe happiness is a state of mind once the basic necessities are taken care of?
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True many people make less and still live there but you have to take note NY is a more dichotomous environment than places like Kansas where the gap between the affluent and the acceptable is more homogeneous. So yes happiness is a state of mind but in NY that state of mind for happiness has to be lot more accommodating. LOL
 
ironchef said:
It is hard for me to believe every family in the tri state area are making more than $100K a year. Yet people survive on less and by choice they live there instead of moving to Kansas. Maybe happiness is a state of mind once the basic necessities are taken care of?
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It all depends. Access to amazing things NY has to offer is worth a lot. Another important reason some of the best doctors in the world should you need them.
 
RedDuke said:
It all depends. Access to amazing things NY has to offer is worth a lot. Another important reason some of the best doctors in the world should you need them.
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Can you mention a few amazing things offered in NY that are not available in other cities.
 
I can mention a quite a number of those things they are not available in Kansas for example (I mean all combined together) But the biggest draw down here is a rat race. And it is a rat race even for those making 1/2 a mil. Once your income goes over a mil, you start feeing quite comfortable, unless you are an idiot and waste it.
 
A city where someone making 1/2 mil is an ordinary vrs a city where 1/2 mil earning is a comfy king............it is not much difficult to make the right choice.

Not sure, but it seems most of the 1/2 mil jobs in NY are related to wall street. Other professions the rates and charges may only be 10% more than average other cities.

On ET itself, have read many threads/inputs regarding folks making $300K in Manhattan feel tight and even financially troubled.
 
toc said:
A city where someone making 1/2 mil is an ordinary vrs a city where 1/2 mil earning is a comfy king............it is not much difficult to make the right choice.

Not sure, but it seems most of the 1/2 mil jobs in NY are related to wall street. Other professions the rates and charges may only be 10% more than average other cities.

On ET itself, have read many threads/inputs regarding folks making $300K in Manhattan feel tight and even financially troubled.
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Sounds about right, 300k living in a city
won’t get you too far. Cost of living is too high.

A lot of those jobs are requiring you
Living here.
 
RedDuke said:
It all depends. Access to amazing things NY has to offer is worth a lot. Another important reason some of the best doctors in the world should you need them.
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I have no doubt but given the choice, I prefer SoCal to NYC.
 
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