> And again, assuming people are spending their entire income is completely ridiculous. Indeed. This only applies to low income households. If you are a softwa

> And again, assuming people are spending their entire income is completely ridiculous. Indeed. This only applies to low income households. If you are a software engeneer, COL no longer matters that much, because you only spend maybe a third of your income locally. Thus the net income matters much more. This is also why people usually move from low to high COL areas and not the other way around.