Whats It Really Cost To Live In Seattle?
In tough times like these, you need to know precisely the price you’re paying for everything you buy. But knowing the true price of one of our largest purchases — location — is particularly tricky. Will your living standard be 28 percent lower or only 5 percent lower if you move to Seattle with its cosmopolitan coffee houses, but rainy weather, rather than stay in Kansas City with its delicious Bar-B-Q, but scary tornadoes? If you’re indifferent between these two cities at a 5 percent difference in living standards, you’d surely want to stay in Kansas City at a 28 percent living standard price. And since purchasing Seattle by moving there is not refundable, getting the price right is really important. Comparing living standards in two cities is vastly more complicated than it may seem. Take housing costs, which are 72 percent higher in Seattle than KC. If one third of your budget is spent on housing, you might think you need a 24 percent (one third of 72 percent) higher salary in Sea
