4 ms·
There's a lot of people who care about more than just raw salary. I could get a higher salary in the Bay Area but my quality of life would drop substantially. I
by freehunter 7y ago
There's a lot of people who care about more than just raw salary. I could get a higher salary in the Bay Area but my quality of life would drop substantially. It's not worth it. And although my paycheck would go up, my discretionary income would drop substantially as well. It doesn't matter if I get paid 2x if my cost of living is 3x and my commute time is 5x.
- logicchains 7y ago>It doesn't matter if I get paid 2x if my cost of living is 3x and my commute time is 5x. It depends where you're coming from. If your current cost of living is $2000/month, your salary is $100,000/year and your commute is 10 minutes, your above ratios would lead to $200,000/year salary, $6000/month cost of living and 50 minutes commute in the Bay Area, increasing disposable income from $76k to $128k. Many people would happily trade the extra commute for the 60%+ increase in money to spend or save.
- dominotw 7y ago>although my paycheck would go up, my discretionary income would drop substantially as well yes that won't meet my original criteria then > I would rather earn a lot in my prime and retire early to a place of my choosing. agree with this, this won't let me retire early > It doesn't matter if I get paid 2x if my cost of living is 3x