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Possibly, though as someone who's lived in 9 cities in his life, cost of living equivalency numbers are mostly bullshit. Cost of living tends to vary dramatical
by potatolicious 14y ago
Possibly, though as someone who's lived in 9 cities in his life, cost of living equivalency numbers are mostly bullshit. Cost of living tends to vary dramatically within a city, and is distributed very unevenly, making any sort of mean or median averaging pointless.
Here in NYC, your food costs alone can vary dramatically - you can live in a neighborhood without a grocery store and rely on the massively overpriced Gristedes, and all the restaurants around you are high-end. Or, you can live right next to a Fairway and all of the restaurants around you are <$10 for dinner.
Ditto rent - what is the equivalent neighborhood to the Mission in SF in NYC? What is the equivalent neighborhood of Capitol Hill in Seattle in SF? Drawing equivalencies is really hard, and simply calculating the mean or median of the entire housing market is not even close to the heart of the matter.
With all the moving around I've ever done, I've completely stopped looking at cost of living calculators. Inevitably they never bear any real semblance on reality.