50% paycut for similar cost of living. Do you want to put 3 kids into a 2-bedroom apartment on your US$120k salary, with $10k of RSUs the government takes 53% of? In addition to a 13% sales tax?
I'm not American, but I pay a few hundred dollars a year for the premium health insurance plan at my company. I also pay tens of thousands of dollars more in taxes to grant me the ability to wait for 72 hours in an ER hallway whenever I can't wait weeks for an appointment because urgent care isn't a thing.
My take home would triple if I lived in the USA as a new graduate because of things like favourable treatment of stock grants, less income tax, and the fact my salary would double.
I'm sure the $80,000 extra dollars is enough to pay for the healthcare premiums and daycare. My effective hourly rate would be high enough that going from a 72 hour wait to a few hours would be worth the thousands of dollars in ER bills. If I worked for the government or another lower paying profession it would not be good, but I am a well-compensated software engineer.
There's a reason why 90% of Waterloo immediately moves to the United States after graduation.
oenton|1 day ago
How about much is daycare in the U.S. for 3 children? Conservative estimates put that at $4-$5,000 per month, and that's after tax.
Is there a reason your comment omits these key differences when comparing a SWE's quality of life living in the United States vs. Canada?
jjmarr|1 day ago
I'm not American, but I pay a few hundred dollars a year for the premium health insurance plan at my company. I also pay tens of thousands of dollars more in taxes to grant me the ability to wait for 72 hours in an ER hallway whenever I can't wait weeks for an appointment because urgent care isn't a thing.
My take home would triple if I lived in the USA as a new graduate because of things like favourable treatment of stock grants, less income tax, and the fact my salary would double.
I'm sure the $80,000 extra dollars is enough to pay for the healthcare premiums and daycare. My effective hourly rate would be high enough that going from a 72 hour wait to a few hours would be worth the thousands of dollars in ER bills. If I worked for the government or another lower paying profession it would not be good, but I am a well-compensated software engineer.
There's a reason why 90% of Waterloo immediately moves to the United States after graduation.