Florida Salary vs Take Home

U.S.A. Florida

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Hi I am a nursing student from NY and will be finishing school in 3 months; God willing.

I would like to relocate to the Miami/Ft. Lauderdale area and have been reading through all the great info here on the boards.

My question though is that I know Florida doesn't have a state tax but how much does that offset the low salaries I've seen there of $22hr for a new RN. Here in NY it is save to say you will take home between 66%-70% of your salary after the gov gets there hands off:) For example if you make $30 hr up here in NY you get approx $2400 a paycheck and will actually see roughly $1584 in your hands. What is the percentage/equivalent in Florida?

Thank You

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Specializes in er/icu/neuro/trauma/pacu.

Opti..

The best way for you to figure this is simply to eliminate the % amount of NY state tax. Your example would not hold true, ie claim married 5 or claim single 0, however both state and federal are % values, not flat percent, but based on tax brackets.....gets confusing, huh.

You can go to a web page to figure this out. Try one to calculate nanny tax or some such search.

I am pretty sure NY state tax will not offset an $8 an hour pay dif.

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Specializes in Med-Surg, Trauma, Ortho, Neuro, Cardiac.

Deductions from our paychecks, no matter who you are is Federal Tax., Social Security Tax, and Medicare Tax. The amounts vary depending on how many dependents you claim.

For myself as a single person, those deductions equaled about 23% of my gross pay on my last paycheck.

I do, of course, have other deductions for various insurance plans (vision, dental, disability, life) as well as a 401K, a loan repayment to my 401K, so my take home pay is usually about 40% of my gross.

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Thank you, I have done some more research on salary websites and NY tax is about 6.85% of the salary. Sites that actually calculate the $ for you give you an estimate of about $160 is taken out of your avg $30hr job as a result of NY state tax. You're right that does not offset the $8hr pay diff. So that leaves me searching elsewhere.

I have to start to look deeper into the cost of daily expenses in Miami/Ft. Lauderdale. For instance the price of gas, car insurance, groceries, etc. Any info from Florida residents?

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Specializes in Emergency.

I take home today in central FL working 84 hrs every 2 weeks thats 3d/4d what I took home in Jan 05 working in Michigan at 72 every 2 weeks 3d/3d. That excludes not having them take out 6% for a 401k or 403b, here. So I probably would be taking home even less. The hospitals in FL just need to across the board give about a $5 to $8 hour raise to each and every nurse.

rj

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Specializes in Med-Surg, Trauma, Ortho, Neuro, Cardiac.

The one thing that really raises the cost of living for us here, and it affects everything is the high cost of hurricaine/flood insurance. Recently the last four or five years or so it's gone through the roof. Businesses are thus forced to raises prices on products, condos are forced to raise maintenance fees, apartments are forced to raise rents.

I personally pay $4000 a year to insure my house. When I bought the house it was about $1800 a year in 2001.

Sadly, salaries haven't been raised to compensate. So the cost of living in Florida isn't as attractive as it once was.

For the same salary you can live in North Carolina or Atlanta, GA much better.

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