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Hi Fishes,
This is on behalf of a friend .Can someone please put on some light on the below query ?
Company : Morgan Stanley
Designation : Associate - Global
Role : Compliance Technology Strategy
Division : Legal and Compliance
How is this position for a BE+ MBA , total 3+ years of IT experience in top MNC.What would be the expected CTC and next hierarchy designation ( after a promotion ) ? Morgan Stanley
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https://www.bestplaces.net/cost-of-living/
Thank you! I used another one and it seemed way off. This one feels more accurate.
Depends on what you enjoy doing with your time. Personally I found core expenses were pretty comparable (higher NY rent was offset by higher transportation costs in LA). But my total COL was slightly lower in LA because I spent more time doing free stuff (eg hiking, beach) with friends on the weekends.
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If you are looking to live in West LA, I found my living expenses to be comparable to Brooklyn/Manhattan. If it was less, it was only marginally less. At $2950, you should be able to find a great place and could probably go much cheaper (I had an older yet still nice place in Hancock Park for half of that). What I did find was that salaries in LA just seem to be lower than NYC for whatever reason.
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Not sure where “home” is for you but have you factored in traveling to see family for holidays / visits?
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Gotcha! Yeah so I’d probably factor in those flights around the holidays being much more expensive than they would be from NYC; may not be material to your decision but it won’t be as easy as hopping in a car!