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Published byEugene Franklin Modified over 9 years ago
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Applied Research Project: San Francisco vs New York City Trevor Incledon
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Cost of Living Comparison in Percent LivingSan FranciscoNew York City 1 bedroom Apartment$1,700$1,200 Groceries22% above national average (ANA) 46% above national average (ANA) Housing152% ANA133% ANA Transportation8% ANA28% ANA Health Care14% ANA10% ANA Utilities2% ANA41% ANA State Income Tax13.3%8.82 %
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Cost of Living Comparison in Dollars LivingSan FranciscoNew York City Doctor Visit$125$115 Men’s Shirt$34$30 T-Bone Steak$10$14 Movie$11$14 Dry Cleaning$13.5$14.5 Pizza$9$11.5 Gasoline$3.68$3.76
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Job Description Market Research Analyst They study market conditions to examine potential sales of a product or service They help companies understand what products people want, who will buy them, and at what price They are employed throughout the economy, working full time Employment of market research is projected to grow 32% from 2012- 2022, much faster than the average for all occupations
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Salary Comparisons for Market Research Analysts (No Grad School) New York An entry level position will likely earn you around $65,000 San Francisco An income of $50,151 in San Francisco will allow you to live a similar lifestyle to that of New York with an income of $65,000 This is a 22% decrease in pay that you can afford when working in San Francisco over New York City
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Salary Comparisons for Market Research Analyst (PHD) The expected income for someone with a graduate degree in the same field is roughly the same. An advanced degree does not have a significant impact on the expected starting salary.
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Industry Outlook Market Research Analyst Projected growth (2012-2022) = 22% or higher Projected job openings (2012-2022) = 188,500 Employment (20120 = 416,000 employees Education level 71% have Bachelor degrees 21% have Master’s degrees
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Livability Factors and Perks San FranciscoNew York City Golden Gate BridgeTime Square Crisp, enjoyable weatherTemperate climate Growing and prosperous areaHectic, opportunistic area Pacific OceanAtlantic Coast Sports: 49’ers, Warriors etc..Sports: Rangers, Mets, Yankees, Knicks, Nets Culturally diverseMore culturally diverse Mass Transit
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Decision Based on the factors above, I would live in San Francisco with my given job and salary
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