Accountants …show more content…
Another factor in the decision of becoming an accountant is where you can make the most money. The lowest income state for accounting in the US is Hawaii making only $34,000 a year, but the highest is Washington DC, starting out making $70,000 a year (“Accountant Salary by State”). But, how much does it cost to live in Washington DC? In Washington DC, on average, people with a CPA make roughly $103,000 a year. Average CPA salaries for job postings in Washington, DC are 25% higher than average CPA salaries for job postings nationwide. (“CPA Salary In Washington, DC”) Although accountants will make more money yearly in Washington DC, than most places, it shouldn’t matter, if the price of living is more than the person makes. In a nicer area of Washington DC, rent is around $2,595 monthly. Transportation is probably one of the most expensive things about Washington DC. A monthly ticket for public transportation is about $198, but a taxi would be $21 everyday. Entertainment is something people don’t take into consideration when moving. Dinner for two at a nice Italian restaurant can be up to $91. It would cost $74 a month for a gym membership, and a pack of cigarettes is $7. (“Cost Of Living in Washington DC”) All of these things are definitely something to think about before deciding if moving somewhere else is worth