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Message
Value of a dollar in every state
Posted on 5/19/16 at 10:41 am
Posted on 5/19/16 at 10:41 am
MSN
Yes it's a slide show but I'll save you the clicking:
No wonder OM can afford so many good players
Yes it's a slide show but I'll save you the clicking:
quote:
35. Florida - Value of a dollar: $1.01
26. Texas - Value of a dollar: $1.03
19. Georgia - Value of a dollar: $1.09
15. Louisiana - Value of a dollar: $1.10
13. Tennessee - Value of a dollar: $1.10
12. South Carolina - Value of a dollar: $1.11
7. Missouri - Value of a dollar: $1.12
6. Kentucky - Value of a dollar: $1.12
4. Alabama - Value of a dollar: $1.14
2. Arkansas - Value of a dollar: $1.14
1. Mississippi - Value of a dollar: $1.15
No wonder OM can afford so many good players
8
Posted on 5/19/16 at 10:43 am to Wtodd
Hey Mississippi, how does it feel to not be 49th or 50th.
Posted on 5/19/16 at 10:44 am to Wtodd
Your dollar goes really far in Mississippi. The problem is there isn't a lot of money floating around.
Posted on 5/19/16 at 10:46 am to Titus Pullo
quote:
Alabama Fan
Pretty much the same as not being 47th or 48th for once.
Posted on 5/19/16 at 10:47 am to DingLeeBerry
Yeah, that was kinda the joke.
Posted on 5/19/16 at 10:47 am to Wtodd
no problem with a low cost of living if you like where you live.
we're courting a guy from San Diego to our company and we had him to San Antonio and took him around to look at houses.
they could sell their 1400 sq ft house and outright buy a brand new 2500 sq ft house in a nice part SA just about. their jaws dropped when they saw what they can get for 300k here vs there.
we're courting a guy from San Diego to our company and we had him to San Antonio and took him around to look at houses.
they could sell their 1400 sq ft house and outright buy a brand new 2500 sq ft house in a nice part SA just about. their jaws dropped when they saw what they can get for 300k here vs there.
Posted on 5/19/16 at 10:48 am to Wtodd
quote:
15. Louisiana - Value of a dollar: $1.10
Nashville is probably .75
fricking ridiculous here now. I looked at a house in a crappy neighborhood the other day going for $265 a sq ft.
Posted on 5/19/16 at 10:48 am to SabiDojo
And nothing I want to buy in MS.
Scratch that. I don't know what thw frick I was thinking. I spend more there than I do here.
Scratch that. I don't know what thw frick I was thinking. I spend more there than I do here.
This post was edited on 5/19/16 at 10:49 am
Posted on 5/19/16 at 10:51 am to SabiDojo
quote:
Your dollar goes really far in Mississippi. The problem is there isn't a lot of money floating around.
I have college buddies making $50k a year in Jackson who have bought big, nice homes with swimming pools.
Meanwhile in Nashville, I make more than that and had to settle for a $1,200 sq ft townhome if I wanted to be close to my office and in a good area.
But, I still prefer to have a tiny place in a great city.
Posted on 5/19/16 at 10:52 am to TheCaterpillar
I didn't think anyone living in Jackson, MS would ever need a swimming pool.
Posted on 5/19/16 at 10:53 am to Titus Pullo
quote:
I didn't think anyone living in Jackson, MS would ever need a swimming pool.
About 3% of their population maybe...
Ok, that's like my 3rd racist comment on here today. I'm done
Posted on 5/19/16 at 10:54 am to TheCaterpillar
quote:
Nashville is probably .75
fricking ridiculous here now. I looked at a house in a crappy neighborhood the other day going for $265 a sq ft.
Yeah. That bubble is going to burst.
Posted on 5/19/16 at 10:55 am to Forkbeard3777
We do lots of work in Nashville and I'd be cautious in buying right now.
Posted on 5/19/16 at 10:55 am to Wtodd
does this take taxes into consideration?
Posted on 5/19/16 at 10:57 am to TheCaterpillar
quote:
I have college buddies making $50k a year in Jackson who have bought big, nice homes with swimming pools.
Yeah, you can live quite comfortably in Mississippi on a $50k/yr salary. And, if your wife or husband makes about the same, life can be pretty good for the two of you, especially if you live in Rankin County.
Posted on 5/19/16 at 10:59 am to TheCaterpillar
I haven't posted in a few days so I need a few softballs to get back up to speed. That one was teed up quite nicely. Thanks for the assist.
Posted on 5/19/16 at 10:59 am to ThePoo
quote:
does this take taxes into consideration?
quote:
While a dollar bill looks and feels the same all over the United States, its value is often very different depending on where it is used.
The prices of housing, food and services vary considerably across the country. To highlight these differences, which reflect the relative purchasing power of Americans, 24/7 Wall St. calculated the value of a dollar in each state based on data from the Bureau of Economic Analysis. Compared to the national average cost of goods and services, a single dollar goes the furthest in Mississippi, where the cost of living is the lowest of any state. A dollar in Mississippi is effectively worth $1.15. By contrast, in Hawaii, the most expensive state, a dollar is worth the least -- only $0.86.
Income levels differ far more than costs of living between states. In states with high incomes, a single dollar tends to be worth less because of the often higher costs of living in those states. In the 15 states where the dollar is worth the least -- that is, with the highest costs of living -- the median annual household income exceeds the national median of $53,657. In low-income states, by contrast, a single dollar tends to go relatively far. Mississippi, the state where a dollar goes the furthest, has the highest poverty rate and lowest household median income in the nation.
Posted on 5/19/16 at 11:07 am to Forkbeard3777
quote:
We do lots of work in Nashville and I'd be cautious in buying right now.
Thanks
I do work in Nashville too, you know, like full time. As do my financial analyst and friends in commercial and residential real estate. And they all completely disagree. As do the the investment banks like Goldman Sachs that are rapidly buying both commercial and residential property here.
Other than the massive population growth of 81 employed people moving here per day, monthly addition of large companies to our city, the music industry hub, and healthcare industry backbone, which most consider one of the most stable industries in the country, yeah this bubble might “burst”. Not to mention the massive tourism industry, that has our city in such demand the hotels cost as much as NYC. Or the top flight public school systems in the suburbs.
In reality, it might slow down do to over development in say, 5 years, but there is no chance it “bursts”.
ETA:
Unless of course Bernie Sanders becomes president and clones himself 50 times and all the clones are elected to congress.
Or Russia invades.
Or our whole country goes under some other way.
But unless that shite happens, Nashville will remain a case study of how to build and maintain a vibrant city.
This post was edited on 5/19/16 at 11:10 am
Posted on 5/19/16 at 11:08 am to Titus Pullo
quote:Watch yo self, bruh!
I didn't think anyone living in Jackson, MS would ever need a swimming pool.
Posted on 5/19/16 at 11:13 am to sjmabry
If that comment gets a ban then the terrorists have won.
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