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by refurb 1945 days ago
Yup.

If your rent doubles from $1,000 to $2,000, but your salary doubled from $75,000 to $150,000, you incurred $12,000 more in expenses for $50,000 more in after tax income.

1 comments

But you have to live in a specific place, and what you get for your $2000 is considered cramp squalor by the rest of the country.
Sure, but if you're making $50,000 more post-tax, you could always bump it up to a nicer place and still be ahead.