Quote:
Originally Posted by DubbleT
Why are most people ignoring the OP's 'adjusted for COL'? Acting like it doesn't make a difference when it does?
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Because it doesn't make a difference. The areas with higher COL also have more benefits for the poor.
Why don't poor people from California and New York all move to Mississippi and Arkansas? Because it would be extremely stupid to do so.
The poor are far worse off in MS and AR than in CA and NY, because the cash benefits are much lower, the welfare cutoffs are much stricter, there are no housing subsidies, you need vehicles, minimum wage is lower, etc.
I have lived in many parts of the country, usually making a middle class wage, and I am always befuddled when people make this weird COL claims. If my salary is 70k, it makes no huge difference where I live in the U.S. because the only variable thing is housing cost, and housing varies to fit the market.
If an area has a higher COL (really just meaning more expensive housing; everything else pretty much costs the same in the U.S. whether in Brooklyn or in Delta Mississippi) then people adjust their housing to fit the market reality (so in Brooklyn, you live in little apartments, and in Mississippi you live in ranch houses out in the sticks).
A person making 70k in Brooklyn would not have more disposible income if they moved to rural Mississippi, even though the COL will obviously be higher in Brooklyn (because they compare apples-to-apples when they make COL comparisons, but of course people in the real world don't live apples-to-apples, they live according to their location).