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There is a website that calculates this kind of stuff. https://www.bestplaces.net/cost-of-living/charlotte-nc/palo-alto-ca/100000 https://www.bestplaces.net/co

There is a website that calculates this kind of stuff. https://www.bestplaces.net/cost-of-living/charlotte-nc/palo-alto-ca/100000 https://www.bestplaces.net/cost-of-living/charlotte-nc/palo-... *Edited: Should also say I fully understand that if your duckduckgo skills are hardcore mode you can find a website to support anything you say.

dmoy 9y ago
Sure if you cherry pick like literally the most expensive 25sq mile neighborhood, and are dead set on buying real estate and not renting. But even then, the calculation on bestplaces.net appears to be a bit farcical: Assuming you spend $8k/month on renting a large modern 2500+ sqft house, and are in the tax bracket which knocks your after-tax income to $300k from $500k, you still have ~$200k after tax and housing. The rest of your expenses are not going to be so much more expensive (~4x) that they don't vastly exceed $100k - tax (~25k) - housing (24k for similar) in NC. $250k in NC vs $500k in bay area though sure, that's in the right realm.