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Reply to "Aren't cost of living differences really just housing?"
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[quote=Anonymous]There is also backward cost differences. I worked on Wall Street for years. I lived at home when I started for a few years and got paid a lot more for cost of living. Meanwhile my Mom charged me $200 a month. Later I bought a small starter home fixer upper in Dec 1999 for cheap. I paid it off by 2008 and I never upgraded. (I paid 279K). My salary was very high from 2008 forward yet my total housing costs was very low as no mortgage. So I am getting paid more due to high housing costs when you have none. Kinda like Bethesda, where so many kids take over parents home. [/quote]
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