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The US Department of Defense already has a Cost of Living Allowance (COLA) calculated for most of the United States, large parts of Germany, and large parts of
by all2 5y ago
The US Department of Defense already has a Cost of Living Allowance (COLA) calculated for most of the United States, large parts of Germany, and large parts of Korea.
The work is already done.
- imgabe 5y agoThat takes into account the specific set of apartments within a 1 hour drive of each individual work location in the US and automatically updates as apartment rents fluctuate?
- Wowfunhappy 5y agoIf this was a real law, lawmakers would definitely need to flesh out the requirement beyond what an HN commenter presumably spitballed in a couple minutes or less, yes. As written, the requirement also doesn't account for factors like public transit. But I do think the idea has merit.
- nathancahill 5y agoEven further, the US State Department has a COLA for any city it has an embassy or consulate in the world. But it's for a diplomatic lifestyle, not for minimum wage workers in the US.