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Old 09-01-2021, 09:03 AM   #141
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Here in the SF Bay Area our essential spending for two is $45K/year and discretionary routine and non routine spending averages about $65K/year. Total $110K/year for a comfortable yet modest standard of living.
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Old 09-01-2021, 09:08 AM   #142
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All places have their advantages and disadvantages. Employment led more to my location than anything else.

Now that I'm retired, it works better than when I was working, much less driving -
+1

I came to the New Orleans area more than a quarter century ago, because this is where the job was. It is a reasonably low cost of living area, I suppose. Maybe low to moderate.
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Old 09-01-2021, 02:20 PM   #143
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Old 09-03-2021, 10:39 AM   #144
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Here in the SF Bay Area our essential spending for two is $45K/year and discretionary routine and non routine spending averages about $65K/year. Total $110K/year for a comfortable yet modest standard of living.
Yeah I'd totally buy $50k/yr in a HCOL area with no debt. But $150k for bare min, no matter where you live (by that I mean mainstream ER areas, not the uber-rich areas like the Hamptons, Marthas Vineyard etc.)?

No way.
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Old 09-03-2021, 02:25 PM   #145
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Here in the SF Bay Area our essential spending for two is $45K/year and discretionary routine and non routine spending averages about $65K/year. Total $110K/year for a comfortable yet modest standard of living.
The Islands are probably a bit less expensive than SF and NYC but not by a lot. We've never spent $150K and do not live a do-nothing life style. We remain frugal and practical, but we do what we want. Once you own a place to live, $75K/year is enough to make it in the Islands. It's probably more than enough. YMMV
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