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If let's say in a fantasy world or parallel universe that every major and very dense city in America (NYC, Chicago, San Fran, Boston, Philly) had a cost of living expense that was as low as it is in Texas which is known to be a low cost of living place where your hard earned dollars stretch far and you get a lot for your money, would you choose to live there over where you live now?
Like imagine if you could get a luxury condo in a major city that is only slightly less spacious (like if you own a 2200 square foot house in a suburb IRL right now, you could afford a 1800-2000 square foot condo in a major city) for the same amount of money for your mortgage payment or rent if your house was in Texas, would that influence your decision too as far as living in a major city?
Also included is that you could live in NYC, Chicago, San Fran etc and you could buy soft drinks or groceries for same amount of money as it would be in Texas which has a low cost of living and that is why people love moving there since you can buy more things with less rather than less things with more money.
Or would you still choose to not live in a major dense city like NYC, Chicago, San Fran, Boston or Philly even if everything there was inexpensive (including taxes BTW)? Why not?
One note is that for this question, assume that all public services that are funded by taxes would be the same as they are right now in that city. Such as if you chose to live in New York, you'd still have subways and buses and social services and other government funded things of the same quality, but with just less taxes and costs to you as if you were living in Texas.
Do you work for the chamber of commerce in Texas? Just as an FYI, the high-priced places on your list pay subsequent high salaries so that those living there can afford it.
Maybe when I was younger, but probably not now. I don't think I could adjust to a large city at this point. Also I'd be scared to death of getting hit by a car when I cross the street. (Maybe not crime so much because I wouldn't have much money to steal and I'd like to think mugging a brittle-boned guy in a wheelchair would just make a criminal look weak to other criminals)
If let's say in a fantasy world or parallel universe that every major and very dense city in America (NYC, Chicago, San Fran, Boston, Philly) had a cost of living expense that was as low as it is in Texas which is known to be a low cost of living place where your hard earned dollars stretch far and you get a lot for your money, would you choose to live there over where you live now?
Like imagine if you could get a luxury condo in a major city that is only slightly less spacious (like if you own a 2200 square foot house in a suburb IRL right now, you could afford a 1800-2000 square foot condo in a major city) for the same amount of money for your mortgage payment or rent if your house was in Texas, would that influence your decision too as far as living in a major city?
Also included is that you could live in NYC, Chicago, San Fran etc and you could buy soft drinks or groceries for same amount of money as it would be in Texas which has a low cost of living and that is why people love moving there since you can buy more things with less rather than less things with more money.
Or would you still choose to not live in a major dense city like NYC, Chicago, San Fran, Boston or Philly even if everything there was inexpensive (including taxes BTW)? Why not?
One note is that for this question, assume that all public services that are funded by taxes would be the same as they are right now in that city. Such as if you chose to live in New York, you'd still have subways and buses and social services and other government funded things of the same quality, but with just less taxes and costs to you as if you were living in Texas.
To answer your question succinctly:
The value of quality public education - priceless!
The value of quality public health - priceless!
The value of quality public transportation - priceless!
I could go on, but I won't (don't have the energy). And, your question is specious because you don't get services if you don't pay for them. Those reasons - and any number of other factors I haven't mentioned (including other safety net values) - more than justify the increased cost of living (real or imagined) in any of the cities you mentioned over anywhere in Texas.
I currently live in a low cost of living city (Indy) and make a decent living wage that I do ok here but could not even think about supporting myself successfully in a city like NY of San Fran. I would choose to live in another city but it most definatley would only be off a small list, other than Indy I honestly would only like to live in chicago or NY. Been to chicago many mnay times and I like the city alot. Never been to NY but want to go very badly. Also I really really like Toronto. Other than these 3 and maybe Boston I can't think of a place I like better than Indy, but this is because I am a homer and big fan of my city.
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