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0 pointsBoorishBears4y ago0 comments

Their example is bad because they used a different country, if you want US wages live in the US.

But within the US it's pretty ridiculous.

Not all of how you spend your pay is scaled by your cost of living for example...

My employer can't predict where I want to retire, yet by scaling my entire pay by cost of living where I currently am they'd be limiting how much I can save.

You can live in a high cost of living area and decide you're ok with living with roommates and ramen noodles. That results in the same living expenditure as someone in a low cost of living area with significantly more room to save.

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triceratops4y ago

> if you want US wages live in the US. But within the US it's pretty ridiculous

What are "US wages"?

A police officer in SF or NYC makes substantially more than a police officer in Oklahoma City or Topeka.

Even the US has large regional variations in wages, standards of living, and economic productivity.

BoorishBearsOP4y ago

> Even the US has large regional variations in wages, standards of living, and economic productivity

... and you think Canada doesn't?

They have HCOL cities too, yet on average people in Canadian HCOL cities make less than their US counterparts.

US wages. Plural. Wages in the US in across multiple locales vs wages in Canada across comparable locales.

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