i was checking out salary.com and i saw that Register nurses make about 73k a year...
but only take home about 4k each month stating you have 2 dependents... thats only 48k cash... WOW what happens to the other 25k... this is sooooooooo unfair.. is this true?
if so how am i surposed to live in new york city with only 4k a month... around where i live in brooklyn a 1bedroom is already 1500 a month without utilities!!!
I have a child so i need a 2-3 bedroom which in my prospect heights area is about 1900 a month without utilities... so 2300 with utilities then i want to buy a car it doesnt add up.. then childcare 400 weekly....
WILL I BE LIVING PAY CHECK TO PAY CHECK...?????????????????????????????
On a salary of 73k per year, federal taxes (according to the 2007 numbers) as head of household is $13,431. Add to that social security and medicare of 7.35%=$5365. Added to that is state income tax of: $4430. Add to that a city income tax of: $2520. Total taxes on 73k would be: $25745 which is roughly 35%. This assumes filing as head of household. Got to love taxes.
Also, want and need are very different thing. The original poster mentioned something about a mini-office, and wanting a car. Are these actual needs or wants. Making this difference is essential when living on a budget. Also, try different neighborhoods, rents in Brooklyn vary is huge amounts, even in nice neighborhoods.
Last edit by bjlesm on Apr 5, '08