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No, but food and rent cost far less, meaning you can buy more Teslas and pay off more of your loans.
by faceplanted 7y ago
No, but food and rent cost far less, meaning you can buy more Teslas and pay off more of your loans.
- akhilcacharya 7y agoThe math doesn’t add up. Food isn’t uniformly half as expensive and rent is only a limited percentage of your take home. A 1k apartment vs a 4K apartment is a yearly difference of $36k, not $100k.
- hellisothers 7y agoThis. 10 out of 10 discussions I have around this topic with people looking to move out of the Bay Area results in the other party realizing money isn’t going to net out in their favor.
- mountainofdeath 7y agoAlso, don't forget that need based aid (assuming you are talking about student loans for children) are calculated off your total earnings and assets, irrespective of location.