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My visualization of supply & demand. Somewhere in rural America... "Will you work for 80K?" "Yes." Meanwhile in San Francisco... "Will you work for 80K?"

My visualization of supply & demand. Somewhere in rural America... "Will you work for 80K?" "Yes." Meanwhile in San Francisco... "Will you work for 80K?" "No." "Will you work for 120K?" "No." "Will you work for 160K?" "Yes."

jonny_eh 8y ago
And that difference can be called whatever you want, e.g. 'Cost of Living Stipend".