Lockheed to invest $50M in Orlando, hiring 500

[march2]

Great to hear!!!

[chopchop0]

Originally Posted by march2

You're totally right! I have ranked metro areas, small towns, and retirement areas since 1985. Most people look too much at wages only. You have to look at Buying Power (wages vs. cost of living). In the Buying Power Index (with the national average being 100), Orlando is 119.86 and Boston is 251.81, about a 71% difference in Orlando's favor. The $32k salary in Orlando and $55k salary in Boston shows a 42% difference. The net means you get 29% more for your money, on average, in Orlando than you do in Boston. So, yes, I'll take $32 in Orlando over $55 in Boston any day!

Yup.... most people aren't smart enough to see below the surface.

I'll give you another example. I'll take $100K in Orlando over $200K in SF.

[march2]

Originally Posted by chopchop0

Yup.... most people aren't smart enough to see below the surface.

I'll give you another example. I'll take $100K in Orlando over $200K in SF.

GREAT example! National Average: 100. Orlando 119.86. San Francisco's Buying Power Score is..... 532.49. In other words, even though that salary is 100% higher than Orlando's, Orlando dollar goes about 412% farther than SF's. SF's Buying Power is at a 432% deficit compared to the national average. That's by far the worst of any city and metro in the nation (2nd worst is Honolulu at 612.01). With Buy Power than low, there's no way that it's can't affect the average person's/family's quality of life.

[firmbizzle]

I heard it was 180.

[CriscitelloSells]

This is great to hear! Very exciting for Orlando.