3 ms·
Maybe in terms of total dollar amount, but what happens when you take into consideration the cost of living in each country (including subsidies, etc)? I don't
by cronix 7y ago
Maybe in terms of total dollar amount, but what happens when you take into consideration the cost of living in each country (including subsidies, etc)? I don't know the answer...just talking out loud. I have no idea how far $10k will take you in China.
- whatshisface 7y agoA lot of people make a tricky mistake when adjusting for COL: investment power. Because people can save up and then move, being able to save 10% of a big salary is worth a lot more than being able to save 10% of a small salary. That's why people in California can still beat tech workers in other places in the long run even though the local COL depresses their standard of living down to almost nothing (next to what their pay could buy them elsewhere).