Wednesday, March 14, 2018

One Reason Why Texans Like Texas -- Composite Cost Of Living -- March 14, 2018

Graphic from ZeroHedge:


New Jersey:
  • a pension funding level of only 37% for the 2015 fiscal year, the worst of any state in the US 
  • governor proposes a record $37.4 billion budgt
  • the budget proposal is 4.2% higher than the current fiscal year budget
  • would boost spending on schools, pensions and mass transit
  • governor will propose taxes "on almost everything" and increase taxes on the wealthy -- a proposal so preposterous even the states Dems are against it
Much, much more at the link.

From the graphic above, it appears for the same standard of living here in Texas, one's income would have to increase by about 55% to live in California, and that seems about right when I compare the cost of gasoline and groceries. When I throw in the cost of housing and state income tax (which Texas does not have), I truly think my income would have to 2.5x higher for us to afford to live in California. And note: the composite costs of living in the graphic above are stage averages: can you imagine the cost of living in San Francisco, much of Los Angeles, San Diego, Sacramento, etc.

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Not Texas, But Not Bad
Road To Oatman, AZ

Shadows of a Man, Chris Isaak

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