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by purplebutterfly 4034 days ago
NYC, living single, making a bit less than the "West Coast" salary specified. All percentages approximate, but pretty close.

Breaking down the original amount provided by the company:

28.5% - Tax

3.5% - Pre-tax contributions for healthcare and transportation

17% - 401k Savings

2.79% - ESSP Savings

3.67% - Direct Savings

23% - Rent

21% - monthly expenses

After taking out taxes and pre-tax deductions (the money I have more control over):

17% - 401k Savings

5.5% - ESSP Savings

7% - Direct Savings

44% - Rent (it could be as low as ~33% if 401k contributions are eliminated)

27% - monthly expenses