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siditumart OP t1_j9whru9 wrote

Reply to comment by Kolzig33189 in Is a 78,000$ salary, before taxes, enough to live comfortably with my non-working wife in Storrs CT? by siditumart

>I am a debt free foreigner. Based on the income tax calculator, my net pay would be around 56,263$/4,689 per month. I'm planning to allocate 30% (1,400$) for rent and the rest to pay for basic life necessities, and maybe a car to get around. We're not big spenders, we're planning to do some savings. Sounds doable?

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Kolzig33189 t1_j9wnhug wrote

If you can find a rental at that price, the finances are doable but I think it might be difficult to find that (unless you already have it in place). Likely it might be a little tight with a monthly car payment if you choose to go that route until groceries and other staples prices retreat a little bit, but if you’re frugal anyway that’s great.

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siditumart OP t1_j9wpmsb wrote

Thank you a lot. Your answer is very appreciated.

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Kolzig33189 t1_j9yrrsd wrote

One thing I thought of later/just now is if you don’t already have housing secured, check to see if UConn either has some apartments/condos set aside for out of state faculty moving here or if they have connections to local landlords where you would get a good price. Some employers do that, not sure specifically about UConn but definitely worth looking into.

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madnessdanz t1_j9y9m2x wrote

We do it.

A bit of a smaller wage, but in this very area.

Our house is paid off though, and it saves us a lot.

I think you can do it comfortably as long as your rent isn't sky high.

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IndicationOver t1_j9zpoj9 wrote

You're not a spender and there is no children. You'll be fine.

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UsedDishSoap t1_j9yapvr wrote

I think you’re take home will be slightly less a month (~$200) but as long as you’re not trying to keep up or be the joneses you will be comfortable.

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