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Frequent-Shape6950 t1_je808bv wrote

>I think six figures is a bit of an exaggeration

My friend pays his nanny $90,000/yr.

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supermechace t1_je8bffz wrote

Does he provide healthcare? If no healthcare I would say her actual take home is $78k and that's not counting if he provides retirement match plan, though if he pays under the table then that's better than if you're making 120k

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Frequent-Shape6950 t1_jeakd0a wrote

Good question. I'll ask next time he brings it up. He is a longtime close friend but makes 40x my income so I don't want to be nosy.

The point is, in 2023 NYC "six-figures" doesn't mean what it used to.

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supermechace t1_jeasjfi wrote

Oh definitely but in the framework of the article it doesn't mean you can't find a place to live in NY, just that it gets you a lot less. For those that make much less it's much harder to get by much less get ahead.

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