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Reply to "do your friends elsewhere live as financially conservative as you find people in DC do?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You live in a really expensive city compared to them. I think that's a huge part of it. They probably have high HHI's compared to their neighbors, where you are middle of the pack. I think that's a huge part of it. [/quote] Interesting that people always assume their cost of living is the highest. http://www.bestplaces.net/cost-of-living/washington-dc/bellevue-wa/250000[/quote] Wow. Seattle is actually cheaper than this suburb of Seattle. I suspect it's the Microsoft millionaire effect, but that is surprising. What if you compare Bellevue to a tony suburb like Chevy Chase? Though since Seattle is a younger city, you have was density and subsidized housing so suspect Bellevue is full of SFH for the wealthy (something like Ashburn but close to the city). Seattle is also having an echo tech boom as companies open offices b/c cheaper than SV, so is this higher COL a recent phenomenon? [/quote] Yep, Chevy chase is far far more expensive than Bellevue http://www.bestplaces.net/cost-of-living/chevy-chase-md/bellevue-wa/150000[/quote] Bellevue is essentially living in Arlington. http://www.bestplaces.net/cost-of-living/arlington-va/bellevue-wa/150000 Considering that McLean, Bethesda, and Chevy Chase are far more expensive, I would get if you compared NW DC, you will find living here is far far more expensive than Bellevue and Seattle for comparable situations (commute to city, school quality, housing stock). [/quote]
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