I make $140K and just got an offer for a new job at $170K - but here's the catch: I have to transition from remote to hybrid work. Is the extra cash worth commuting again?

The article discusses the financial implications of switching from a fully remote role earning $140K to a hybrid role with a base salary of $170K. Although the new job offers a higher salary and performance bonus, related costs such as commuting, meals, and social outings can diminish the perceived financial advantage. After adjusting for California taxes, the increase results in approximately $1,000 more in monthly income, which may not significantly aid in achieving the goal of homeownership due to increased living expenses.

When you transition to a new role with a higher salary and in-office requirements, thorough budgeting for additional commuting and meal expenses becomes vital.

While the increased salary of $170K presents a prospect towards homeownership, the cost of transportation and social engagements can significantly reduce financial gains.

Read at Moneywise