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Considering the similarities between

2014-06-08 14:30:18.370086+00 by Dan Lyke 2 comments

Considering the similarities between the Bay Area's relationship with the dollar and Germany's with the Euro. Common currencies are hard...

[ related topics: California Culture Currency ]

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#Comment Re: made: 2014-06-08 16:55:36.115013+00 by: ebradway

Yep. As noted here before, the currency looks the same but I can't figure out the exchange rate...

Although, having left the Southeast for Colorado (and watching my daughter deal with the economics of Manhattan), I realize that common currencies do not mean a common rate of exchange.

Living in Colorado, I make closer to what I would in the Bay Area but my cost of living mostly fits between Tennessee and California. Decent housing in Colorado runs around $200/sq foot and involves minimal commutes (comparable or shorter than Tenenssee). If I were to spend $300 to $400/sq ft, I could bike or walk to work.

My daughter makes close to $20/hour in Manhattan doing what would pay barely minimum wage in Tennessee but all of her "extra" goes to rent. She doesn't have to maintain a car which is a cost that kills people making minimum wage.

#Comment Re: made: 2014-06-08 17:35:39.339894+00 by: meuon [edit history]

The more I travel, the more I realize Chattanooga is an isolated economy in a lot of ways. Some of them good, some not. But local economy or not, the real issue is I'd like to be making a lot more money than I am. When I leave the Chattanooga area, things ain't cheap.