We're getting screwed here in Canada.
Also, the dollar being low doesn't help.
141–150 of 284 posts
We're getting screwed here in Canada.
Also, the dollar being low doesn't help.
A lot of the cost of living calculations are wrong. I had moved from LA paying 1400$ a month rent to Austin and paid nearly the same rent in Austin for a one bedroom. The plus is no income tax in Washington and Texas but food costs are more and property taxes are double in Texas when compared to California.
Austin city is increasingly expensive to live in. Fortunately, the city is in the middle of land that is open on all sides for a considerable range, and there are very affordable options just outside the city. If planned properly, this can result in relatively easy commutes for little cost of living. The property tax lessens considerably in neighboring cities and counties, as well. The lack of state income tax is als…
84k in London dam I am underpaid
I have a much different cost of living equation supporting my decision to live in the bay. The big expense is obviously rent, which I'm sure they have represented... The average 1 bedroom in Austin around $1,000 and in SF let's say $3,300. Difference of $2,300 * 12 = $27,600. After that, that other $40,000 cost of living difference seems a bit of a stretch. In SF, my company buys breakfast, lunch, dinner and my trans…
SF is bad but not "average $3300 for a 1BR" bad.
You don't have to spend the "average".
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My commute is a 15-minute walk, or 5-minute bike ride. :) I chose the apartment based on proximity to work -- could have saved $100-200/mo with a longer commute, but the savings would have been more than eaten up by the gas/car maintenance costs and I hate commuting. I still own a car, but don't use it to get to work. We live in a 680 sq ft one-bedroom apartment in an older development ($2200/mo). We'll have to upgra…
You don't have to go to Utah to beat that. My mortgage on a SFH in Oakland is $2350/mo, I have 1800 sq ft and a garage and a big yard.
I have a much different cost of living equation supporting my decision to live in the bay. The big expense is obviously rent, which I'm sure they have represented... The average 1 bedroom in Austin around $1,000 and in SF let's say $3,300. Difference of $2,300 * 12 = $27,600. After that, that other $40,000 cost of living difference seems a bit of a stretch. In SF, my company buys breakfast, lunch, dinner and my trans…
I could see Trump ordering this as retaliation
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Nothing is keeping women and minorities out of tech, they're just choosing different careers.
I'd love to see your evidence for this. Namely, you'd need to prove that for a given educational level, geographical location and familial history, they're more likely to choose something other than tech than white males.
The problem with straight-across cost-of-living adjustments is that they're only relevant when you're talking about a more-or-less zero savings rate. Assuming you can save 10% of your annual salary a year, you're better off living in higher cost-of-living areas, assuming all other things being equal. Then you are growing wealth (retirement funds, etc.) instead of just getting a more expensive lease for your car or ap…
I'd also like to see a comparison of the 90th and 10th percentiles of salaries to get a sense of the salary ceilings and floors in each region.
Where's Detroit? We had a bit of an exodus back in 2008-2012 but finding people today is like pulling teeth. I'm sure it's a way better financial deal than the bay area.
I think the recent crime/safety reputation its gotten is keeping people (like me) away. I wouldn't move to Detroit even if they paid me $150k, I just don't feel like the risk is worth it.
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Yes. Urban areas are typically more expensive than rural areas. Maybe if urban residents stopped subsidizing unsustainable rural living, this price gap would shrink.
>Maybe if urban residents stopped subsidizing unsustainable rural living What do you mean?
* Internet, electricity, or cable costs significantly more to provide to people living in single family homes with distant neighbors than it does to provide to residents of a highrise apartment building. The consumers, however, pay the same price. The highrise apartment dwellers subsidize the cost of the rural homeowner.
* The postal service. One postal worker in NYC can walk a few blocks, and deliver more mail than one postal worker in a small rural town who must drive 10s of miles to complete the same task.
* Gas. The Federal government subsidizes gasoline. Suburban/Rural residents drive more and consume more gas than urban residents who are more likely to use public transit.
* Roads. The road surface per resident in rural locations is significantly higher than road surface per resident in urban areas. State and federal taxes contribute (not all, but some) of the funding for road construction.
* Government backed home loans and home loan interest tax deductions. Owning a home in large cities is often cost-prohibitive, so urban dwellers do not often receive these tax breaks that suburban and rural residents receive.
* Water. Water sanitization, plumbing, etc. are all much more expensive due to, for example, the amount of pipe and construction labor required per resident.
(edit): I wanted to add a book recommendation for anyone interested in this stuff. It's called Happy City by Charles Montgomery. It speaks to the history of suburban America, and explains why suburban cities are the way they are.