Try living in a high CoL area on 150k. Don’t bother with the “just move” or whatever trite oversimplified solution. People live where they live. Not everyone wants to earn 75k and live in Ardmore, Oklahoma so that their money goes further. If you can find a 75k job in Ardmore, anyway.
Higher taxes, higher mortgage or rent costs, cost of commuting all add up fast.
That said, burning through $150k does seem a stretch. I lived in a major metro area on a lot less (we were definitely poor), it is possible to keep expenses low, but it sure isn’t comfortable at all.
Try living in a high CoL area on 150k. Don’t bother with the “just move” or whatever trite oversimplified solution. People live where they live. Not everyone wants to earn 75k and live in Ardmore, Oklahoma so that their money goes further. If you can find a 75k job in Ardmore, anyway.
Higher taxes, higher mortgage or rent costs, cost of commuting all add up fast.
That said, burning through $150k does seem a stretch. I lived in a major metro area on a lot less (we were definitely poor), it is possible to keep expenses low, but it sure isn’t comfortable at all.
Is that supposed to make me feel better? Because it didn’t. 75, 000 a year is still less than what I make.