How much of a raise/ promotion world it take to move across the country?
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Anonymous
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Simple question with what I know is infinite possible answers, but if you're a parent/ spouse in a duel income family of 4, what factors would determine if you'd leave the DC area for the West Coast?
The only constraint is the increase in salary can be significant (however you define that) but not unrealistic. So you won't go from a minimum wage job to a $1M per year, but it could still be a doubling/tripling/multiplying of salary. |
Anonymous
| Doubling to 600k will be enough, I will move. |
Anonymous
| Where on the West Coast? Portland is very different than SF in terms of cost of living. |
Anonymous
| Total amount matters more than percentage basis. Where in the West Coast also matters. |
Anonymous
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Double salary for each of us, which maintaining the same job security. This is not realistic in our specialities, which is why I don't live in my hometown in California.
The housing costs, grocery and gas costs, and need for private school are all much higher in my home region than here. And if we're talking about a cheaper region in the west, then I'd need double the salary to make me move both far from family and far from the community we already have in the DMV. |
Anonymous
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I did this recently and the economics that made it work included:
- Salary more than doubled (had to happen to make up for COL) - Better schools - Improved upward trajectory - Stable economy in new city (so if this role didn’t work out I wouldn’t be SOL) - Job options for spouse |
Anonymous
| I really disliked being uprooted as a kid, so I don't think there's a realistic hypothetical that would make me move. |
Anonymous
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With kids out of the house all it would take is maintaining salary vs COL and moving somewhere reasonably nice (I’m not moving g to CA to love in Fresno).
If kids are flourishing and there’s nothing really drawing me out there then probably no amount. Otherwise somewhere in between. |
Anonymous
| I think I would my live in Bay Area for any reasonable amount of money. I’d consider LA, Portland of Seattle though. |
Anonymous
| I’d move for the same pay. I hate it here. |
Anonymous
| I’d probably move on my own - a maybe if compensation went from $200K to $300K, definitely if it went to $400K. |
Anonymous
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I did this recently as well.
For us it meant: - $300K to $700K comp - one of us didn’t have to work with that comp so we saved $50K on help - schools were better so we saved $100K on that - tax rate slightly lower (it was west coast but not CA) - comparable cost of living - better lifestyle / work life balance |
Anonymous
| I'd move for 25% more to Portland or San Diego. Would need 50% more for Seattle or LA. And 100% more for SF. |
Anonymous
Same, after my kid finishes at her VA state university. |
Anonymous
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If you had asked me before we had kids the answer would have been "no increase." Just pay me a couple thousand to move the stuff in our apartment. We were looking to move anyway.
Today, our kids are in school and you would have to double our pay. |