Be sure you're counting both sides of that. If you can get work in a lucrative f... | Hacker News

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		philwelch on Jan 17, 2013 \| parent \| context \| favorite \| on: What I wish I knew before moving to San Francisco Be sure you're counting both sides of that. If you can get work in a lucrative field, higher cost of living is offset by higher income, and you actually get ahead on aggregate since some expenses are the same nationwide.

joonix on Jan 18, 2013 [–]

But you will pay higher income taxes even though your buying power is the same as someone earning much less in Alabama.

flyinRyan on Jan 18, 2013 | [–]

Not for nationally/internationally priced products it won't. Being able to save 20% of $2k/m isn't as good as being able to save 5% of $20k/m.

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