Super commuter touts 4-state-long commute to NYC: I'm making 'Manhattan money' with low living costs
What are the financial benefits Kyle Rice experiences by commuting from Delaware to Manhattan compared to living and working locally in Delaware?
Kyle Rice, a paramedic and father of two, works for a tech company in Manhattan while living in Delaware. He has adopted the lifestyle of a "super commuter," traveling a considerable distance to work in order to benefit from a higher salary while maintaining a lower cost of living.
The financial benefits Rice experiences by commuting from Delaware to Manhattan, as opposed to living and working locally in Delaware, are mainly tied to the difference in salaries and living expenses between the two locations. In Manhattan, salaries tend to be higher, especially for positions in the tech industry. On the other hand, the cost of living in Delaware is significantly lower than in Manhattan, with lower prices for housing, insurance, and other expenses.
By working in Manhattan and living in Delaware, Rice enjoys a higher salary while still benefiting from the lower living expenses in his home state. He mentioned in an interview that the cost to commute from Delaware to New York City is about $170 to $200 round trip, and the travel time is nearly two hours one way. Despite the costs and time associated with his commute, Rice believes that he still saves money overall due to the significant difference in pay he receives in Manhattan compared to what he would earn in Delaware.
Additionally, Rice takes advantage of various cost-saving measures, such as commuter benefits provided through his job, Amtrak points, and packing his own food and snacks to avoid paying extra on the train. These strategies help to offset the expenses related to his long commute and further contribute to the financial benefits he experiences from this arrangement.
What challenges does Kyle Rice face with his train commute, as mentioned by co-host Brian Brenberg?
Co-host Brian Brenberg mentioned several challenges that Kyle Rice might face with his train commute. These include potential delays, rising ticket costs, and cancelations. Despite these obstacles, Rice argued that he still saves money with his super commute strategy and believes it is worth the effort.
How much does Kyle Rice spend on his round-trip commute from Delaware to New York City, and how long does each one-way trip take?
Kyle Rice spends about $170 to $200 on his round-trip commute from Delaware to New York City. Each one-way trip takes nearly two hours.