/S/a/l/a/r/y/ ... er... I mean rates

[mlist at safenet-inc.com]

Barry Campbell [mailto:barry.campbell at gmail.com]
> 
> On 12/4/06, mlist at safenet-inc.com <mlist at safenet-inc.com> wrote:
> 
> > I've been wrong before (stop that snickering), but isn't
> > $100K in a place like New York (NY) or Silicon Valley
> > about the same as $85K in a place like... hmm Ottawa?
> 
> Oh, it's potentially *much worse* than that.
> 
> Salary in New York (Manhattan) NY: $100,000
> Comparable salary in Phoenix AZ: $46,607.87
> 
> Salary in New York (Manhattan) NY: $100,000
> Comparable salary in Raleigh NC: $45,997.62
> 
> Salary in New York (Manhattan) NY: $100,000
> Comparable salary in Austin TX: $46,603.10
> 
> ...see http://cgi.money.cnn.com/tools/costofliving/costofliving.html
> 
> - bc, lives in Manhattan, feels the pain every time he 
> balances his checkbook

So-o-o-o-ooo... you live at a fiscal disadvantage in 
NY in order to bask in the glories of the Big Apple, 
and that compensates for the difference in costs and 
the shortfall of paycheck?

Or, there are other employer-provided comps, like 
extremely good insurance, retirement-savings-matching 
(whatever youse guys call it... 401K or something?)?

I'm always curious why people stay in an area where they 
are at an economic disadvantage for extended periods.
TW-ing is a portable skill, after all (not like fishing 
or coal-mining that have definite geographic niches). 
Likely some would do so because a spouse has a viable 
career in the hard place. Or other family reasons, I suppose.

Kevin 

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