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Started By
Message
Posted on 2/20/15 at 12:21 am to nolanola
quote:
Do you not understand cost of living?
Geographically, most of California isn't expensive.
Posted on 2/20/15 at 12:22 am to nolanola
Nurses in CA make 100-120k at least. Not every city in CA has an outrageous cost of living fwiw.
Nurses in LA average like 50-60k. No way cost of living in CA is twice what LA is.
Posted on 2/20/15 at 12:25 am to nolanola
quote:
Do you not understand cost of living?
Nurses in California are probably living a better lifestyle (in general) than nurses in Louisiana. You probably need an extra $10k pre-tax income just to compensate for the taxes and then an extra $12k for each $100k worth of house you plan on buying. So, if your family makes $70k more then you can get a $700k home in California instead of a $200k home in Louisiana.
Best part: you get to cash out that equity later in life if you decide to retire somewhere cheaper. Neighbor behind me was a plumber in the bay area. He retired at 55 and now owns a 5,000 sqft home here in Louisiana completely paid for. Big pool, tennis court, boat, etc. I'm not convinced that he would have been better off if he worked in Louisiana instead.
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