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A colonel in Kansas may live like a king, but a captain in San Diego can't afford a house.Assuming both sought living accomodations outside of free base housing, I was curious what those figures actually looked like[1]:
- O-6 colonel stationed at, e.g. Fort Riley, KS 66442, would draw up to an additional $1500 without dependents, $1911 with.
- O-6 captain stationed at, e.g. NAS North Island, CA 92135, would draw up to an additional $3342 without dependents, $4026 with.
It's worth mentioning for those unfamiliar that, just like BAS (i.e. food allowance), this BAH (i.e. housing allowance) is completely tax-exempt.
The game that active service members play here is to secure a home mortgage (often through VA home loan), then apply BAH directly towards monthly mortgage payments throughout service all the way to retirement. It's not hard to imagine other tax advantaged games to be played here. Applying BAH to rent a house off base is a naive fool's errand.
In terms of annual cost of living adjustments to base pay, uniformed service received +2.7% increase this year; in contrast, +2.2% for federal GS civilians. The year before that, it was +3% v. +1%. These adjustments have historically favored uniformed service over the federal civilians that work beside them. Sure, they're lowball relative to inflation, but that ought to be squared against military tax-exempt BAS/BAH and hugely subsidized commissary entitlements.
Exceptionally common amongst Navy personnel, married sailors typically draw an additional $250/mo family separation allowance[2] when out at sea for more than 30 continuous days. This will obviously have a greater financial impact amongst the enlisted ranks than officers. Depending on rank and job, there's a litany of allowances, bonuses and incentives (beyond the scope of this remark) that are often ignored when the conversation of military service compensation is brought up...nevermind that no one ever talks about the opportunity to retire with guaranteed pension + benefits for life as young as 38.
As an outsider, I'm inclined to agree that military health professions do seem to pay a substantial indirect opportunity cost despite the unique bonuses they're entitled to[3].
I do wonder what individual circumstances led you to choose a Navy commission over everything else?
[1] https://www.defensetravel.dod.mil/site/bahCalc.cfm
[2] https://www.dfas.mil/militarymembers/payentitlements/fsa/
[3] https://www.dfas.mil/militarymembers/payentitlements/Pay-Tab...