I don't think that's fair. The marginal utility between $200k/yr and millions isn't that high, but it's ridiculously high between $30k/yr and $200k/yr. Put anot

I don't think that's fair. The marginal utility between $200k/yr and millions isn't that high, but it's ridiculously high between $30k/yr and $200k/yr. Put another way, you can comfortably afford to raise a family in CA on one of those salaries, and even put some money away to retire eventually, it's much, much harder to do that with the other.