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Old 03-26-2017, 06:07 PM
 
194 posts, read 80,495 times
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Quote:
Originally Posted by aewan68 View Post
Moving in Stereo, Phoebe Cates, "Doesn't anyone bleeping knock anymore?"

Poor Brad. He just wasn't the same after being fired from All American Burger.

 
Old 03-27-2017, 06:22 AM
 
151 posts, read 123,634 times
Reputation: 102
Quote:
Originally Posted by grogers385 View Post
Why on earth would anyone want to live in the San Jose area?
The San Jose area has the same housing stock as anywhere else in America but 5 times more expensive.
If I'm making 100,000 after taxes in the San Jose area, I can afford an rent of 2,500 a month which gives me these Choices. Or I can live in for example Houston and make let's say 50,000 (which is on the low end for the COL discount), I can afford these Apartments with a rent of 1,250.
Compare that making 100K after taxes in SJ vs 50K in Houston is not completed picture because I don't believe beside the rental double.. others such as gas, food, clothes... ete would be double... Oh.. I would say electrical bill would be double or triple for AC in Houston vs SJ.
 
Old 03-27-2017, 08:01 AM
 
4,135 posts, read 1,887,011 times
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Quote:
Originally Posted by Lanienguyen View Post
Compare that making 100K after taxes in SJ vs 50K in Houston is not completed picture because I don't believe beside the rental double.. others such as gas, food, clothes... ete would be double... Oh.. I would say electrical bill would be double or triple for AC in Houston vs SJ.
Ax bill would go from 50-100 to 150-300. Housing would go from 1000 to 4000
 
Old 03-27-2017, 08:34 AM
 
1,553 posts, read 3,225,942 times
Reputation: 1467
Quote:
Originally Posted by Lanienguyen View Post
Compare that making 100K after taxes in SJ vs 50K in Houston is not completed picture because I don't believe beside the rental double.. others such as gas, food, clothes... ete would be double... Oh.. I would say electrical bill would be double or triple for AC in Houston vs SJ.
I was talking to a co-worker who moved to the Bay Area from Atlanta and said his utility bills have remained about the same, despite a smaller place here. He said it's because PG&E charges about 2x per kilowatt hour what his utility in Atlanta charged.
 
Old 03-27-2017, 11:22 AM
 
Location: Silicon Valley
3,595 posts, read 7,416,464 times
Reputation: 2805
PG&E top tier is about $0.41 per kWh. NV Energy rates for our Las Vegas house are under $0.12 per kWh, flat rate. You don't have to speculate on any of this stuff, the tariffs are published.
 
Old 03-28-2017, 05:02 AM
 
151 posts, read 123,634 times
Reputation: 102
Quote:
Originally Posted by roadwarrior101 View Post
I was talking to a co-worker who moved to the Bay Area from Atlanta and said his utility bills have remained about the same, despite a smaller place here. He said it's because PG&E charges about 2x per kilowatt hour what his utility in Atlanta charged.
My point is the bill for Air Conditioning in Houston...
 
Old 03-28-2017, 06:43 AM
 
151 posts, read 123,634 times
Reputation: 102
So if you take home 100K/yr or $8300/month in SJ, after $2500 monthly rent, you still have $5800 to spend on other things.
If you take home 50K/yr or $4100/month, after $1250 rent, you still have $2850 to spend on other things. Assume that other things such as a Big Mac, electricity, and others are the same.. so after the Math, which one would have more money?
 
Old 03-28-2017, 11:09 AM
 
1,083 posts, read 915,436 times
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Jobs, climate/weather, being close to family/friends...
 
Old 04-02-2017, 03:50 AM
 
22,021 posts, read 23,796,717 times
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Quote:
Originally Posted by Lanienguyen View Post
So if you take home 100K/yr or $8300/month in SJ, after $2500 monthly rent, you still have $5800 to spend on other things.
If you take home 50K/yr or $4100/month, after $1250 rent, you still have $2850 to spend on other things. Assume that other things such as a Big Mac, electricity, and others are the same.. so after the Math, which one would have more money?
Typically the salary here is nowhere near double for the same job, so it's not a valid comparison.
 
Old 04-02-2017, 08:38 AM
 
10,539 posts, read 9,146,875 times
Reputation: 7193
There is no debate between cities with high wage/high cost and low wage/low cost, even if the ratios are exactly the same, the former will ALWAYS end up being better off financially. Why? plenty of reasons.

If you trave to Japan or Switzerland, that cost is not going to redeuce because the city you are from is cheaper;
If your kids need to attent Princeton, tuition will not be reduced just because mom/pop make less.
If you buy a 70 inch LED TV, or a BMW, the price won't be reduced based on states.

More importantly, the lower living cost rarely make up for lower wages. If city A has twice the wages as city B, it is very unlikely that the cost of living in general is twice as high, often 20% or 30% higher.

This is why most people still prefer high cost high wage cities.

There is another factor: such cities tend to be more stressful, involve longer commute and work is more demanding. This is something not captured in the equation, and serve as a legitimate reason for people to live in low cost cities.

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