Friday, May 18, 2012

Radical Cost of Living Increase

my buddy is in Hawaii now. Everything he owns is sold. Car. Furniture. Everything. It was a bold move. He is making great money but look at these stats I uncovered... This is the stats of someone making $50K per year and how much its actually worth in Honolulu.

Think Ill just visit.


Results for your new location
$33,454
net change in
disposable income
$0$10,000$20,000$30,000$40,000$50,000$60,000$70,000$80,000$90,000$100,000
Cost of Living at Home
Typical Salary at Work
Current LocationAustin, TX (Edit)Austin, TX (Edit)
New LocationHonolulu, HI (Edit)Honolulu, HI (Edit)
Percent Change in $+81.9%+15.0%
ExplanationThe cost of living inHonolulu, HI is 81.9% higher than in Austin, TX. Therefore, you would have to earn a salary of$90,965 to maintain your current standard of living.Employers in Honolulu, HItypically pay 15.0% more than employers in Austin, TX . Therefore, if you take the same type of job in the same type of company in Honolulu, HI you are likely to earn $57,511 .

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