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Not always, but in general, the highest paying positions are going to be concentrated in higher COLs. It's the way the market works, and we have seen a shift to that model in the last several years.
I don't disagree. And unless your a physician or own a large tractor dealership, you will never have the same opportunities in Wichita as you do elsewhere.
But, its one thing to compare Boston, San Fran, Seattle, NYC to Paducah or Roanoke, and quite another to compare it to Houston, Minneapolis, Charlotte, even Philadelphia or Chicago.
Anyhow, the horse is now a well flailed corpse, but I think the calculation changes even among highly skilled professionals as you change industries. What might be worth it for someone working at the zenith of their industry at Google will change for a CPA or engineer...
Not always, but in general, the highest paying positions are going to be concentrated in higher COLs. It's the way the market works, and we have seen a shift to that model in the last several years.
Why is it cheap to live in Nebraska, Kentucky, North Carolina, ect? Because not a lot of people want to live there, and you don't have a lot of higher wage opportunities in those states. Yes, housing is cheaper in smaller markets. Yes, it's less expensive to eat out in Ohio than NYC. Overall, when companies are trying to attract talent to work for them, people want amenities of cities, and not farmland and defunct towns. So you end up with more people moving to larger markets, while the majority of the smaller markets are left to decline. Yes, there are some fine smaller cities that people will say have vibrant economies. Overall, this is in bigger cities, especially when you consider Science/Math/Engineering/Software/Medicine areas.....
My point is that in certain industries, your employer doesn't care where you live. You just have to have the qualifications and availability to do the job, and that doesn't necessarily mean you have to live in the same town as your clients. You can live in Wyoming, be employed by a company in Seattle, and have a client in Boston, and commute in twenty seconds to a home office. This is basically my family's life.
My point is that in certain industries, your employer doesn't care where you live. You just have to have the qualifications and availability to do the job, and that doesn't necessarily mean you have to live in the same town as your clients. You can live in Wyoming, be employed by a company in Seattle, and have a client in Boston, and commute in twenty seconds to a home office. This is basically my family's life.
I can do my job remotely, but the corp office only allows us to do this when where sick, weather related events or unrelated emergencies that shuts down the building. It is about control in our work place. They assume that we will be goofing off at home or forget things.
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