So you're saying that it would only take $125k in S.F. to maintain the
lifestyle of someone who makes $80k in Tampa? How much would your 3 br
townhouse cost in S.F now.? 800k? What will that cost in Tampa? 100k?
Using a mortgage calc, and 20% down, the mortgage payment would be about $5k
a month for the 800k townhouse, not counting insurance, and real estate
taxes per year(what would that be, over 4k every six months?). Now, using
the same criteria, a 100k loan with 20% down will require a $387 a month
payment. Thats about $4,666 versus $60,000 a year in payments. Now, taking
taxes into account, it's probably more like 40k-50k net payments. Maybe, a
new one for $135k? That's a $614 payment. Even if it were 200k, the
townhouse payments would be $1036.00. The calc are from realtor.com if you
want to replicate them. Use 6.75% interest.
So I think the difference between the two is probably $55-60k a year if the
real estate taxes and higher utility and gas costs are factored in. I
didn't factor in how much per year one has to save in order to put down 20%
on the 800k townhouse. How much would depend on how much one had saved or is
saving. And don't forget your 300k purchase price will now set you back an
additional $500k. BTW, you could sell your place and live quite nicely if
you ever wanted to go back to FL.(You did the right thing by purchasing
property in S.F.) Of course, property appreciation might reduce the COL
here in the long run.
The original poster stated that he/she had no other offerings pending. I
think that a job in hand is better then unemployment checks in the mail, and
don't forget the signing bonus of 15k.
On another note, I've lived in S.F. my whole life so I have to say it's
worth living here or in the bay area even if it costs more.
-----Original Message-----
From: nobody@xxxxxxxxxxxxxx [mailto:nobody@xxxxxxxxxxxxxx]On Behalf Of
John Kaberna
Sent: Friday, October 05, 2001 8:49 PM
To: jobs@xxxxxxxxxxxxxx
Subject: Re: CCIE salary is going down, should I take the offer?
[3:3557]
I live in SF and have lived in the Pensacola area of Florida. The salary
calculators are ridiculous because most of them factor in what it would cost
to have a 3 or 4 bedroom house on a half acre of land. That would cost a
million here in the city and would only cost about 150k in Tampa. So, if
you account for something like that then sure you are correct. But, if you
figure in ALL of my expenses including a 300k house it doesn't come close to
the 100k difference you are saying. I would say 80k in Tampa is about
120-125k in SF. But, if you are planning on owning a large house then maybe
you are right. In any case 80k is decent for Tampa, but it's not
exceptional.
John Kaberna
CCIE #7146
NETCG Inc.
Cisco Premier Partner
www.netcginc.com
(415) 750-3800
__________________
CCIE Security Training
www.netcginc.com/training.htm
""sam adams"" wrote in message
news:200110060105.VAA27672@xxxxxxxxxxxxxxxxx
> I don't know your experience level and I don't know what you made but
> considering that $78,000 in Tampa is about $180,000 a year in S.F., you
> should consider it.
>
> Check out cost of living calculators if you have any doubts.
> ""SAGJ SAGJ"" wrote in message
> news:200110020437.AAA07479@xxxxxxxxxxxxxxxxx
> > Im a CCIE and I recently got an offer to work in Tampa Fl. I got a base
> > salary of 78000+Bonus(15000) should I take this offer?.I don't have any
> > other offer at this moment. Please advice.
Message Posted at:
http://www.groupstudy.com/form/read.php?f=3&i=3560&t=3560
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