Is it better to have a high salary or low costs?

you have a job offer for $140k/year yet you struggle with basic concepts like free cash flow. what am i doing wrong in this life?

BOOBA in all fields

It's infuriating isn't it?
Meritocracy it is not.

I'm retarded when it comes to financial stuff I only focus on db programming and vidya desu

I outsource my financials just like you outsource programming

Financials is just math you fucking retard. IN ALL FIELDS

>does programming
>can't do math

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I wouldn't take the either job since being a neet is far superior and living in a city is a good way to get your tires slashed and wife raped during the impending societal collapse. When food stops getting imported to cities the chimps will immediately chimp out on the nearest white man since he was racist 150years ago

Yeah it is math but maybe there's some col or taxes or some other shit I'm not aware of. Chill

high salary people do not usually do this because the more money you have the less value it has to you.

The absolute state of our country that this is who is getting 140k job offers.

If not a troll, here's how to look at it:
$140,000 - ($1500 * 12) = $122,000 before taxes
$80,000 - ($700 * 12) = $71,600 before taxes
So that's MORE than $50,000 extra in gross income less rent in your pocket every year. That's ~$4200 a month extra in your pocket, AFTER rent.
Of course you need to look at your tax rate, utilities, benefits, maxing out contributions, etc.

Rent is not 1:1 correlated with CoL. Your rent may be doubling but Whole Foods prices for groceries are going to be very close, gas will not be more than 25% more expensive, etc.

Are you retarded or something do the fucking maths lazy nigger

Consider that you could use the $140k job experience later to negotiate a higher salary back in your old $700/month rent town.

Also consider state and city taxes. $140k is already reduced to $100k net from federal taxes and FICA / OASDI. My state tax is 10% so another -$10k down the drain.

But even with that you still come out $20k ahead in the new job.

BOOBA

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(Not financial advise)

The higher salary is better EVEN if your costs to rent would be double that. The fact is that it qualifies you for access to more capital. Banks mainly look at what's coming in. You can leverage that capital for more investments like property which would lower your living expenses or you could rent it out.

But the real chad move would be to put all of it into crypto and step out of the ratrace

are you in the process of that now though? my guess from this thread is probably not, stop being an actual retard and take the raise. also stop making brainlet threads.

you can literally look all this up on your own, fuck off and kys

It's more complicated then that.
You have to consider tons of factors, are you moving states? What are the tax differences between those states? Does your state have different income taxes based on how much you make (higher earnings = more taxes, obviously.) There are other hidden costs to city living no one ever really realizes until you move in/out, too.
Quality of life is a huge factor, too. Are you comfortable stuck living in an apartment with neighbors who will invariably be assholes/loud/have a fucking dog that won't stop parking at all hours of the day and night? Are you comfortable with rubbing shoulders with hundreds of thousands of strangers everywhere you go? Do you have asthma or struggle with breathing (air quality is always shittier in cities, no matter how green it is.) How about being stuck in traffic for potentially hours (presuming you're not walking/biking to work.) Crime is higher in cities, as well, though if you're not living in a ghetto you are still statistically more likely to die in a car accident then be victim of a crime.
That's another thing...how comfortable are you with homeless/druggies? I won't pretend the smaller towns/country side don't have them but they're still far more common in cities. You also get gangs in cities, though that depends on where you are. Plus consider family and friends: presumably you already have them where you are, so are you fine with living hours if not days away from them?
That's ignoring what you feel about the company you work for right now and what the company that's hiring you is like.
Basically, sit down and do the math like people here told, rack and stack the benefits and demerits of each location and make a decision on whether how much more you'll make is worth losing what you're leaving. Or maybe you prefer city life (I sure do) and so it's an easy decision.

high salary obviously

right and i can literally look up anything on my own, what's your point? programming isn't a sufficient condition for being good at finances.

140k retarded wagie - this is why i dont wage cuck myself. If pay was higher I'd have this guys job and he's be in Mc Donalds and the Mc Donalds employees would be homeless.

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Sounds like it’s mostly a wash

I suspect it's a programming job. Salary jumps like that are normal when switching jobs.

I'm at an 80k job now, but getting ahit together so I can apply for a new job next year