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Reply to "Facebook announces that remote WFH employees will have salaries decreased to match local COL"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would just take my DC salary and move somewhere with a similar COL, but better quality of life. Hawaii and San Diego are a lot better than Fairfax.[/quote] You're kidding right? Hawaii 3X as expensive as the D.C. area and basic necessities cost 2X as much because everything's imported. SFHs in San Diego are the same price for half the square feet and lot size. Have you ever seen a lot of 3,000 sqft lot? You have now - https://www.redfin.com/CA/San-Diego/4038-Alder-Dr-92116/home/5270371 The house IS the lot. And its next to a highway to boot. All for $900K. [img]https://ssl.cdn-redfin.com/system_files/media/388845_JPG/genLdpUgcMediaBrowserUrl/item_80.jpg[/img][/quote] This is false - 3X the cost is outrageous. They're really not that much different and all in the same ballpark on any cost of living calculator. Go see for yourself: https://smartasset.com/mortgage/cost-of-living-calculator GSA 2020 locality bump for each: Hawaii: 19.56% San Diego: 29.77% DC: 30.48% DC Metro is actually the highest COLA according to GSA. [/quote] It said Honolulu is only 3% cheaper than D.C. Yet it also didn't take into account that while I can buy a 3-bedroom house in Honolulu for $800K (the same as D.C. btw) - the house is fit to be condemned with mold, zero appliances, missing wiring, and a caving roof. https://www.redfin.com/HI/Honolulu/2227-Kanealii-Ave-96813/home/88488189 [img]https://ssl.cdn-redfin.com/system_files/media/384776_JPG/genLdpUgcMediaBrowserUrl/item_2.jpg[/img] [img]https://ssl.cdn-redfin.com/system_files/media/384776_JPG/genLdpUgcMediaBrowserUrl/item_5.jpg[/img] More Honolulu houses. How does $800K for a attached 1,100 sqft SFH/townhouse and a grease-stained carport sound? https://www.redfin.com/HI/Honolulu/1439-Alewa-Dr-96817/unit-B/home/88484084 $900K for a backdoor facing a cliff a foot away https://www.redfin.com/HI/Honolulu/838-Kealahou-St-96825/home/63947660 This is one is super nice (not kidding) but the HOA is $700/mo for a SFH and its still $800K https://www.redfin.com/HI/Honolulu/6370-Hawaii-Kai-Dr-96825/unit-34/home/63797309 [img]https://i.imgur.com/iAXPNVT.jpg[/img][/quote] Plenty of teardowns and total shitstacks still go for $800k in the DC region too.[/quote] You're the one who said they can get a 'better quality of life' in Hawaii - not me. That doesn't even take into account the cost of groceries which averages 60% higher than the national average and the flights anytime you want to go back to the mainland. [img]https://i2.wp.com/www.onehundreddollarsamonth.com/wp-content/uploads/2017/05/milk-prices-in-hawaii.jpg?w=550&ssl=1[/img] https://www.onehundreddollarsamonth.com/grocery-store-prices-in-honolulu-hawaii/ https://www.civilbeat.org/2013/10/20056-living-hawaii-where-milk-can-cost-as-much-as-wine/ https://www.newsweek.com/most-expensive-place-live-us-hawaiitoilet-paper-costs-more-628977[/quote]
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