You always have to take into account location. $100k/year in NY and Arkansas are... | Hacker News

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		braveo on April 11, 2017 \| parent \| context \| favorite \| on: Banks scramble to fix old systems as IT 'cowboys' ... You always have to take into account location. $100k/year in NY and Arkansas are completely different beasts. I've been online for many many years and I STILL do not understand why people miss this simple idea.

dllthomas on April 13, 2017 [–]

I see a lot of that, too. But I also see a different error, of treating cost of living as multiplicative.

Once you are making noticably more than you are spending, earning 2x and spending 2x means you're keeping 2x.

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