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Another thing to consider about CoL comparisons is local lifestyles. Those who are living in SF or NYC are probably out of the house enjoying local nightlife a

Another thing to consider about CoL comparisons is local lifestyles. Those who are living in SF or NYC are probably out of the house enjoying local nightlife a lot, those in warm sunny places are probably out enjoying nature, while those living in cold suburbs probably spend a lot more time on home and hobbies. So, in some places you can buy a lot more house while in others you need a lot less house. In places where housing is expensive there's also a lot less peer pressure to have a big house; it's not like all your coworkers in a SF startup are talking about their 4 bedroom ranch houses.

deathanatos 9y ago
> it's not like all your coworkers in a SF startup are talking about their 4 bedroom ranch houses. No, but they can't talk about something more reasonable, either; the price of the majority of the Bay Area's housing exceeds the income of the majority of Bay Area engineers. (This assumes a median house price of ~$750k (cf, [1]), and an unwillingness to pay 45% of your after-tax income in housing.) [1]: http://sanfrancisco.cbslocal.com/2017/12/29/bay-area-median-home-price-november-2017/ http://sanfrancisco.cbslocal.com/2017/12/29/bay-area-median-...