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Reply to "relocating to DC - budget for family of 4"
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[quote=Anonymous][quote=Anonymous]OP here. Many thanks to all who responded. The insights and different points of view are all very helpful. I don't mind driving, just not a big individual car aficionado, but as some suggest when in Rome might as well do as the Romans do. One point that wasn't immediately clear to me - are the salary ranges quoted gross or net of taxes? They seem higher than the living costs discussed, but I assume that this is because the figures factor in a substantial level of savings to deal with some of the more expensive aspects of long term living in America, like healthcare, higher ed, etc.?[/quote] It is hard to be car-free, but one car is very easy to do (we mainly use bikes and walking - buses are unreliable, though the metro is fine). Never drive into DC downtown even if you own a car, that is what taxis/ubers are for. Salaries are almost always gross here; taxes vary by where you live; they are the highest in Maryland and lowest in parts of Virginia with DC in the middle. Healthcare is usually taken care by your employer, so look into the details (we pay $100/mo with minimal costs outside of that; higher was birth with a $100 fee). Retirements vary again, pensions are rare, many upper middle class folk save 20%, though often employees will chip - ours give us 10% or our gross to our retirement fund (think aussi super-style). [/quote]
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