> $200k in SV is comparable to $70k in most other cities.
What's the basis for that estimation? Given California's income tax and higher rent, I'd say that the difference in cost of living is $20-30k, not $130k.
What's the basis for that estimation? Given California's income tax and higher rent, I'd say that the difference in cost of living is $20-30k, not $130k.
Most people don't want to rent for the entirety of their lives.
The raw numbers are nothing to sniff at, and you don't get that buying power in much of the country.