Salary question: if you are making 60k in Low COL area. I have an offer for $110k in very high COL in Seattle. Should I move or stay? Thoughts?

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Is Seattle the kind of city you'd like to live in? Money is great, but liking where you live is better.

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I’m from Pnw actually

Thats nearly double your salary. Dont know your personal situation but if you can swing it you probably should start packing now

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Take it even considering cost of living adjustment that seems like a really nice raise

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I'm in Seattle. Is this for a different position? Going from 60k to 110k is way beyond any normal kind of COL adjustment. Like others say, housing is rough, but it's easier if you rent or live outside the city.

Also, Seattle is kind of a total shitshow right now and honestly probably won't recapture the magic of the 2010s anytime soon.

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Take it. I live in Seattle and I make less but am doing fine. Housing is rough here though.

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Can you WFH for a few months while you bank the cash? Idk bout you dog, but I'm buying my dream home in my favorite neighborhood for 270k. That's something to think about in LCOL. Even with a crazy market I'll probably be able to afford a 2 acre lot to build my own home in a few years (5-10)

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Yikes. I'm closing on a house with 2300 finished Sq ft. 2 car garage, fenced yard. One of the most active markets in the state. There were 3 offers within 12 hours of list date. 270k and one of the best schools in the metro is half a mile away. Most of my family thinks I'm overpaying, but they live in meth head shitholes hours away. This house is 15 minutes from my downtown office.

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What kind of job? That is a crazy jump

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Housing can be a bit rough on the wallet in Seattle. I live about 40 miles north because that's where I could afford a house. Commute is about an hour in good traffic. But depending on your other bills, 110k should be fine to live on.

uplifting

Jesus how will you ever go back to normal? I just bought 15 minutes from my office for 270k. A total dream house and right next to a great elementary school for my son.

I did my time in meth head central for 5 years renting and saving with an hour commute and finally made the jump. I have no idea how folks live with an hour commute and think that's a good deal.

I should note this is LCOL MW

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Do it! That's a good raise and worst thing that can happen you didn't like it and move back. You'd still try something new and have awesome stories to tell when you old

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Ur should

Sorry. OP should move. That is too big of pay bump

If you put 10% of your salary in savings, obv the higher salary with yield higher savings (assuming you can continue at the same %).

$110k in Seattle will be fine, especially if you want to buy outside the city.

Pretty far outside the city

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Washington doesn’t have a state income tax so depending on where you’d be moving from, you could end up with even more of a bump by not having to pay state income taxes. It makes a difference!

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