Work in NYC. Rent in NJ or NYC?
Firstly, I am from a country where taxes are very straightforward, so please give me a dumbed down answer.
I work in NYC, and rent in NJ. Rents have come down in Manhattan, and I'm thinking about moving to the city.
Assuming $100k salary, with no tax deductions. What will be the impact on my monthly bottom line if I moved into Manhattan?