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Author Topic: Living Comparision  (Read 7923 times)

Pawlno1

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Re:Living Comparision
« Reply #15 on: February 24, 2004, 06:48:40 am »

some places property and rents are high ie the cost and manchester Nashua area are among the highest per $ earned

North and west generally better but salary less

The big Question is what do you do and where do you have to be to do it

Property tax while high isnt much higher than in neighboring states with additional taxes

and renters do pay taxes
not only does the landlord have to recoup the property tax New Hampshire has an unearned income tax Why the powers to be figure a landlord doesnt earn his money I dont know
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Ogre11

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Re:Living Comparision
« Reply #16 on: February 25, 2004, 12:53:58 pm »

First, you have to understand that you will live in a smaller house.  It is worth it, for the freedom of your family.

Yes, true, thank you for helping me keep things in perspective.  And then, of course, there's the lower heating bills, too!

As for what I do, well that's where moving comes into play.  I'm prepared to make various different types of career moves, whatever is needed, to get to work there.  Of course the catch is the money.  I specialize in IT, teaching, research, management, writing, photography, and a few other areas.  So I'm very flexible and will certainly look more towards the less populated areas.  Then I can sit on my back porch and shoot things (I've always wanted to do that).
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Tracy Saboe

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Re:Living Comparision
« Reply #17 on: February 26, 2004, 02:40:02 am »

New Hampshire has an unearned income tax

That's terrible. We need to abolish that. make rent cheeper.

Most places passive income is tax free. In New HAmpshire it's taxed? That's not right. That's probably very low hanging fruit.

Tracy
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SteveA

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Re:Living Comparision
« Reply #18 on: February 26, 2004, 11:32:43 am »

Quote
For example, if you use one the standard moving calculators that can be found online, nearly all areas of NH suggest a much higher standard of living.  For example, $50K in NC equates to $61K in Nashua, $89K in Hanover, and $60K in Derry.  So if I'm making $50K now, to maintain the same standard of living, I need a job that pays $60K in Derry.

Also consider that the average income in NH is high as well, I don't remember the exact value but there was around an average 3-4% higher income in NH than here in CA.  (Whether that 3-4% is a product of education and labor skills, or due to an improved business climate, I don't know).
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Re:Living Comparision
« Reply #19 on: February 26, 2004, 02:25:50 pm »

New Hampshire has an unearned income tax

Which tax are you referring to?
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Chuckster

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Re:Living Comparision
« Reply #20 on: March 01, 2004, 04:33:41 pm »

I'm a certified Harley Specialist who's looking to open my own independant shop.......

Certified Harley-Davidson Master Techs make over $50K per year on average working in a dealership.  Using that as a base, went to a cost of living comparator on the web and plugged in Charlotte, NC (You didn't say so I assumed Charlotte as a relatively high COL city in NC) and Manchester, NH.

The site told me:  "A $50000 income in Charlotte NC is equivalent to a $53091 income in Manchester NH"

"You will need an increase of 6% to maintain your standard of living."

The site I used was http://www.homefair.com/homefair/calc/salcalc.html

You can use different cities and get different results, for example, Derry, NH from Charlotte gives a much more favorable picture though still slightly higher than Charlotte, and of course different sites will give differing results.

As a certrified H-D tech, (Have toolbox will travel?) Employment will not be a problem.  IIRC there are six H-D dealers in NH, mostly along the VT/NH border.  I don't know what the Motorcycle industry is like in NH, vis a vis independent motorcycle shops, though I will have a better idea in a couple of weeks.  My wife, Laura, (www.twowheelconsulting.com) among other things, does dealership operations consulting for motorcycle dealerships and will be in NH later this week to get the lay of the land for our move.  I am currently the Harley-Davidson district manager for Hawaii so I know a little about the business too. 8)  

With the skillset of a Harley-Davidson Master Tech and the toolbox that necessarily goes along with it, I would not hesitate to move and either start my own business or go to work for an established shop.
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Mike Lorrey

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Re:Living Comparision
« Reply #21 on: March 01, 2004, 09:04:18 pm »

I'm a certified Harley Specialist who's looking to open my own independant shop.......

hey, Nukl, there is an empty garage for sale in the free town, Grafton, that I was thinking about opening with a few other mechanics. It is pretty good sized, a metal building with about 20' ceiling and two or more bays. Gas pumps out front. It is located right in the heart of Grafton, across the street from the "Liberty Rock" general store. It's only a few towns away from Laconia.

I'm primarily a bus mechanic, MCI/Greyhound buses.
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