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When I choose to live in, say, Shanghai- it doesn't automatically reduce my cost of living. I'm losing the security of clean drinking water so bottled water co
by fxfan 8y ago
When I choose to live in, say, Shanghai- it doesn't automatically reduce my cost of living.
I'm losing the security of clean drinking water so bottled water costs me- ~30$ per month. I'm giving up on social security but need to invest in a way that I have it. I'm giving up on safety regulations so have to buy and do things accordingly. In the end the cost of living equals out.
I do not living in London so I need to manage my own health.
Any argument about local rates is bogus
- ukoki 8y agoShanghai and London may have similar costs of living after certain factors are accounted for, but that’s a coincidence not a rule. Compare Manchester and London. London has much higher rents and higher prices in shops, bars and restaurants. Everything else is about the same. Ergo, London has a higher cost of living.