packleader
Member
- Location
- Southern California
How bad is inflation for California? We're already paying a more than 35% premium to live here (yahoo.com)
OR
https://www.yahoo.com/news/why-stubborn-inflation-especially-painful-235610608.html
Apart from Hawaii, many studies rank California as first or second among the states with the highest cost of living, between 35% and 45% above the national average.
What that means as a practical matter is that a household in Los Angeles with $100,000 income could maintain the same standard of living while earning $69,000 in Dallas and $65,000 in Las Vegas, according to Bankrate.com.
As of Thursday, regular gas cost $3.08 a gallon nationally but $4.62 in California.
According to Zillow, the median rent for housing of all kinds in California was $2,750, about 38% more than for the nation. The median sale price for an existing single-family house in the U.S. in November was $392,100, according to the National Assn. of Realtors. For California: $822,000.
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As long as we can afford living in Southern California, we will stay here. I cannot imagine any more wonderful and interesting place on earth than the place we are living now. For example: 1 hour to the beach, the mountains, high desert, low desert, and Los Angeles. 2 hours to San Diego and Mexico. 2 1/2 hours to Santa Barbara (California's Gold Coast.) 4 hours to Las Vegas, etc. And all the museums and interesting places. There is always something to do. In the morning you can go snow skiing, and in the afternoon water skiing. In our area, luckily, not much air pollution and crime. SoCal is almost like a little bit of a paradise where we are living.
OR
https://www.yahoo.com/news/why-stubborn-inflation-especially-painful-235610608.html
How bad is inflation for California? We're already paying a more than 35% premium to live here
Apart from Hawaii, many studies rank California as first or second among the states with the highest cost of living, between 35% and 45% above the national average.
What that means as a practical matter is that a household in Los Angeles with $100,000 income could maintain the same standard of living while earning $69,000 in Dallas and $65,000 in Las Vegas, according to Bankrate.com.
As of Thursday, regular gas cost $3.08 a gallon nationally but $4.62 in California.
According to Zillow, the median rent for housing of all kinds in California was $2,750, about 38% more than for the nation. The median sale price for an existing single-family house in the U.S. in November was $392,100, according to the National Assn. of Realtors. For California: $822,000.
=========================================================================================
As long as we can afford living in Southern California, we will stay here. I cannot imagine any more wonderful and interesting place on earth than the place we are living now. For example: 1 hour to the beach, the mountains, high desert, low desert, and Los Angeles. 2 hours to San Diego and Mexico. 2 1/2 hours to Santa Barbara (California's Gold Coast.) 4 hours to Las Vegas, etc. And all the museums and interesting places. There is always something to do. In the morning you can go snow skiing, and in the afternoon water skiing. In our area, luckily, not much air pollution and crime. SoCal is almost like a little bit of a paradise where we are living.
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