Take a bay area income and telecommute from the south and you're really living large.
But really, even at the much lower income levels of the south the money goes so much further.
Taking a bay area income and telecommuting from the south is not an option for the vast majority of residents of the bay area.
Not to mention much taxes, particularly the state income tax.
Then you would also have to live in Mississippi, and getting a job isn't as easy either (even making median) because the place isn't exactly overflowing with non-minimum wage opportunity. If it wasn't for my dad's skills as a nuclear technician, we would have never lived there (BTW, if you want cheap housing and high salaries, go into nuclear power, they mostly built nuclear power plants where no one wants to live).
For sure, but the disparity between median income and home price in SFBA is much greater.