reply on: The Real Purchasing Power of $100 by U.S. State \ stacker news ~charts_and

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87 sats \ 4 replies \ @SimpleStacker 8 Dec \ on: The Real Purchasing Power of $100 by U.S. State charts_and_numbers

Seems hard to compare because they don't factor in natural or social amenities, like access to the beach, variety of restaurants, etc

0 sats \ 3 replies \ @kepford 8 Dec

Those are non-tangible so don't really seem to be a factor on how much a 100 bucks will buy.

But you make a great point.

I would add that intra-state prices differ as well. San Francisco is dramatically more costly than most of California.

46 sats \ 2 replies \ @SimpleStacker 8 Dec

I'd argue that they're capitalized into real estate prices and rents. So in a sense you are paying for them.

67 sats \ 1 reply \ @kepford 8 Dec

Yeah, in that sense 100%.

The problem with these kinds of thing is that you aren't comparing static things. But also you can't explain all the price differences in this way as the state / local gov has a massive impact on top.

IMO people make decisions on where to live based on bad over generalized data and don't focus enough on designing the life they want and using that as the criteria for comparison.

Being close to an ocean is one example factor. What's that worth to you. Do you also want as little government as possible? Do you care more about fuel or home costs?

64 sats \ 0 replies \ @SimpleStacker 8 Dec

Heh, being close to the ocean and nice weather is just what i tell myself to make myself feel better about having to live in Los Angeles