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Is the 54K$/annum salary is good in NJ, US? |
I have 3 years of software development exp. Got an offer from NJ based software company. Is this salary is OK. Please give me some suggestion... 54K before tax is not much. You cannot live lavishly. NY./NJ are quite expensive cities. Accommodation would be costly. Vehicle would be necessary in NJ and would cost lot of money annually in insurance alone. To begin with it is OK if you can cook at home. With experience you would get better jobs with better financial packages. Congratulations Congrats Mona for getting a job in NJ, US.. the salary is pretty decent.. When you adjust for the cost of living you are just slightly below average. I would find out what the cost or renting buying there would be. That will be your biggest factor. cost of living in NJ is extremly high...if you are single you can get by in an apartment...no way will you be able to afford a house! It's a good salary if you are single but not if you have dependents that are not working. That is a GREAT salary. If you think its too high, send me some of the money. That's $54K BEFORE taxes. You'll be lucky to clear $40K after taxes. The cost of living in New Jersey is very high. As an example, insurance for your automobile will cost you at least $2,000 a year. Does your benefit package pay the full cost of your health insurance or are you expected to pay part of the premium? How good or bad this salary is depends not only on your experience, but also on your education and the type of work you will be doing. you won't be able to buy any decent property in NJ on that salary ,,taxes and property value are through the roof, a crappy 1 bedroom apartment in the ghetto will run you 800 a month North of Trenton or in the Philly area that is a decent salary for a single person, but the cost of living keeps that from being a spectaular wage. If you are below Trenton 54K is pretty good. The most important thing is housing and how far you'll have to commute. I'm not sure what this has to do with immigration but.... |
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