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How Far Does Your Louisiana Income go in Other States?
Posted on 7/10/15 at 12:24 pm
Posted on 7/10/15 at 12:24 pm
quote:
Before you pick up and go or accept that job across the country, you may want to make sure you'll be able to have the same--or better--quality of life with your new salary.
Use our income calculator to find out what your salary in a new state should be to live a comparable lifestyle.
Type your current salary in the box below, excluding any commas or the dollar sign, then select a state. As a result, you'll see how much money you need to make in that selected state to maintain your Louisiana quality of life.
https://www.nola.com/business/baton-rouge/index.ssf/2015/07/louisiana_salary_another_state_quality_of_life.html#incart_m-rpt-2
quote:
Having $100 in your pocket in Louisiana is more like having $109.65, according to a map created by nonprofit research organization the Tax Foundation based off information from the Bureau of Economic Analysis.
quote:
So if you're a Louisianan who wants to move to Washington D.C. and you make $50,000, you'll need to make $64,530.37 to maintain your current quality of life.
But if you wanted to move to Mississippi, you'd need to bring in a salary of $47,587.02 per year.
This post was edited on 7/10/15 at 12:29 pm
Posted on 7/10/15 at 12:29 pm to Shexter
Louisiana, the place where dreams come to die
Posted on 7/10/15 at 12:30 pm to Shexter
Pretty interesting stuff. I don't make much down here but it's enough to get by, travel, and drink beer. That's all I need
Posted on 7/10/15 at 12:30 pm to Shexter
quote:
So if you're a Louisianan who wants to move to Washington D.C. and you make $50,000, you'll need to make $64,530.37 to maintain your current quality of life.
Maybe if you want to live in DC's burbs
Posted on 7/10/15 at 12:31 pm to Shexter
Mississippi finally wins something.
Posted on 7/10/15 at 12:43 pm to Shexter
Can't click the link, but this has to be driven by housing prices, right? I mean, a loaf of bread is comparable across the country.
Posted on 7/10/15 at 12:47 pm to AUCE05
quote:
Can't click the link, but this has to be driven by housing prices, right? I mean, a loaf of bread is comparable across the country.
Gas, milk, eggs, liquor, and local taxes, off the top of my head, vary wildly between states.
This post was edited on 7/10/15 at 12:48 pm
Posted on 7/10/15 at 12:51 pm to Shexter
Pacific Northwest more expensive than I thought
Posted on 7/10/15 at 12:55 pm to Shexter
No wonder all the poors in the Northeast bitch and moan all the time
Posted on 7/10/15 at 1:01 pm to jamboybarry
quote:
Maybe if you want to live in DC's burbs
Yeah, states are too broad and varying between metro areas. Should have used metro areas instead of states.
Posted on 7/10/15 at 1:02 pm to AUCE05
quote:
The Tax Foundation's map calculates the real value of $100 adjusted to reflect average price levels in each states that are based on "regional price parities," which measure the differences in prices for goods and services between regions. In the calculation, the Tax Foundation considered things like housing, transportation food and education.
Posted on 7/10/15 at 1:03 pm to AUCE05
quote:
Can't click the link, but this has to be driven by housing prices, right?
Dat Mississippi 7% sales tax tho
Posted on 7/10/15 at 1:03 pm to Shexter
So my dollar is worth almost 10% more just cause I live in Louisiana? I can dig dat.


Posted on 7/10/15 at 1:04 pm to ItNeverRains
We sure do.
Cost of living is insane up here.
Cost of living is insane up here.
Posted on 7/10/15 at 1:05 pm to LSU-MNCBABY
quote:
Pacific Northwest more expensive than I thought
Seattle skews Washington.
Posted on 7/10/15 at 1:07 pm to Shexter
This is VERY dumb to do this by state and not city.
I could live like a king in Bumfrick, Tennessee for half my current salary, but need twice what I make to afford family sized housing in Nashville city limits.
I could live like a king in Bumfrick, Tennessee for half my current salary, but need twice what I make to afford family sized housing in Nashville city limits.
Posted on 7/10/15 at 1:09 pm to TheCaterpillar
quote:
This is VERY dumb to do this by state and not city.
I could live like a king in Bumfrick, Tennessee for half my current salary, but need twice what I make to afford family sized housing in Nashville city limits.
Yep. It's amplified even more on the coasts (CA, WA, DC, NY,etc..)
Northern VA is expensive as frick and is basically South DC in terms of population (liberals) and cost of living.
Go an hour or more South to Central/South VA and it's rebel flags and 200K mcmansions everywhere
Posted on 7/10/15 at 1:13 pm to TheCaterpillar
quote:
This is VERY dumb to do this by state and not city.
I could live like a king in Bumfrick, Tennessee for half my current salary, but need twice what I make to afford family sized housing in Nashville city limits.
Also, this. I live about 45 mins from Seattle (Tacoma) and my COL is significantly lower.
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