I'll work that out for my office, which is right by the beach in Florida. First of all, that pay would likely be for a somewhat junior position. Also, bonuses are common, but I guess I won't count that because it isn't promised.
Insurance is provided. BTW, we also add on a bit more for a 401K, in addition to whatever you might choose to contribute.
I don't know what you'd want for a home, and I don't know your credit score, but throwing some numbers into a mortgage calculator for 30-year mortgages gives me: You could pay $1250/month on a home that is 7 minutes from work, on 1.16 acres, going for $275,000. If you don't mind an older house, one on 1.3 acres (like a football field) is 11 minutes away and is selling for $320,000. That looks like $1455/month, which is almost what you propose. This might be excessive for you though; a smaller piece of land can be had for half that price unless it has a new McMansion or a waterfront.
So I think it's more realistic that housing would consume 1/6 of your wages.
Note also the lack of a state income tax. Fuel is half the price you'd pay in California.
Insurance is provided. BTW, we also add on a bit more for a 401K, in addition to whatever you might choose to contribute.
I don't know what you'd want for a home, and I don't know your credit score, but throwing some numbers into a mortgage calculator for 30-year mortgages gives me: You could pay $1250/month on a home that is 7 minutes from work, on 1.16 acres, going for $275,000. If you don't mind an older house, one on 1.3 acres (like a football field) is 11 minutes away and is selling for $320,000. That looks like $1455/month, which is almost what you propose. This might be excessive for you though; a smaller piece of land can be had for half that price unless it has a new McMansion or a waterfront.
So I think it's more realistic that housing would consume 1/6 of your wages.
Note also the lack of a state income tax. Fuel is half the price you'd pay in California.