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Old 07-11-2009, 07:39 PM   #17 (permalink)
Seaver
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Location: Fort Worth, TX
Quote:
'm not quite sure why this is, I'm going to have to check into it.
It has to do with Cost of Living. I got a 50% pay raise (yeah, I was pretty happy) when my company promoted/moved me from Texas to Chicago. Well, after everything was factored in it was only a 10% take home increase.

Cost of living was a $9k/year difference.
No Income Tax in Texas, 2nd highest in nation for Illinois
Cost of goods increased significantly on all products as a result of higher CoL.

Same for Cali. A Micro-Test would be compare El Centro Cali (used to live there) to San Diego. Don't just factor rent/mortgage, but look at cost of goods. It's very significant between the two, much like states bordering Cali are even more so.
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