Re:A $300k Salary Feels Like $100k in the Priciest US Cities
by likeabbas on Friday April 21, 2023 @07:26AM
(#35652221)
This is a great mindset. I was forced to move from NYC to the bumfuck Midwest because of my girlfriend’s job, and I hate it here. Yes I own a house with a yard, but I’d trade it for my apartment in Manhattan any day of the week. Density makes life worth living
Re:A $300k Salary Feels Like $100k in the Priciest US Cities
by theGnuMe on Friday April 21, 2023 @10:14AM
(#35654064)
In reality you made a choice to move with your girlfriend.
Re:A $300k Salary Feels Like $100k in the Priciest US Cities
by likeabbas on Friday April 21, 2023 @10:41AM
(#35654481)
Incel comment
Re:A $300k Salary Feels Like $100k in the Priciest US Cities
by dionidium on Friday April 21, 2023 @10:57AM
(#35654740)
A lot of advice basically takes the form, "people should be more like me," but at risk of that in this case: I'd just try to find ways to maximize the benefits of homeownership. Try to take advantage of the things you can't do (easily) in NYC. I'm in Providence now and I miss NYC all the time, but I also have a garden and I put a little workshop in my garage and I'm trying to learn woodworking and I like to take on DIY projects and I play my guitar louder than I would in an apartment etc, etc.
This is the flipside of living in a tiny studio in Hell's Kitchen and pretending nicer apts don't exist. It's just a matter of making the most of it, in either case.
Cost of living calculators assume you're trying to live in the same kind of housing in HCOL-city-A as you would have in LCOL-city-B, but there's no reason to accept this assumption.
I rationalized it this way: there is no amount of money in LCOL-city-B that could buy me the feeling of living in HCOL-city-A, so I'm going to treat the housing in HCOL-city-A the same way (i.e. mentally assume it's not available and consider that the tradeoff for getting the thing that isn't available in the lower-cost-of-living city).