That “adjustment” is really tricky to do convincingly.

I’ve been trying to compare an offer in the US and one in Montreal. The raw number for the US blows Canada out of the water, obviously, but adding in healthcare and childcare really starts to close the gap. That’s at least sort of calculable, especially if you ignore their option values, but it’s harder to price in other intangibles, like living somewhere walkable or with good public amenities (parks, schools, events). Basically no amount of money will buy you a walkable neighborhood in parts of the US: we looked—-hard—-in Houston!