I make $22,0 right now but got offered a job in NY starting pay is $30,0. The only thing is the train ride alone is going to be $5,0 a year, that’s not including subway fare. It includes benefits. My concern is when I have kids I want to stay in CT and commute back and forth to work will I ever see them? Does the commute take a lot out of you? Also will taxes be taken out of my paycheck fro CT and NY? Your opinions will help me greatly thanks!
Update:
Yes it will be close to $5,0 a yr its $383.18 for month pass and there are no health benefits at my current job.
3
✅ Answers
Are benefits comparable between your old job and new job? The pay difference is $8,0. If, as you claim, train fares are going to add up to $5,0 (doubtful, since Metro-North monthly passes are much cheaper than paying the individual fare, and you can get a monthly Metrocard for the subway), you are talking a $3,0 pay difference. How long is this going to add to your commute? What about meal costs? There’s all sorts of things to consider BESIDES gross pay.
You will also be paying New York state taxes, then claiming a credit for those taxes paid on your CT return. If you ask me you are making this out to be a deal breaker. Consider quality of life as well, odds are by cutting a few corners in your lifestyle you could save a ton of money.
Taxes will be taken out of your check for NY and federal taxes, only. CT tax will not be taken from your paycheck. You will have to file NY, federal, and CT tax returns. However, if you properly claim credit on your CT return for NY tax already paid/taken and you have no other income, then you probably won’t have to pay CT.
Yes, commuting is hard. Yes, most people working in NY have a long commute.