General Discussion
In reply to the discussion: A $15 national minimum wage doesn't look economically sound to me [View all]Erich Bloodaxe BSN
(14,733 posts)The counterargument is that 'money isn't everything'. The *reason* cost of living varies is that the associated benefits of living vary. When you live somewhere lots of people want to live, costs go up. You pay more for living in that place in competition with everyone else. You want cheap cost of living, move somewhere where the cost of living is low. Give up the nice weather, or the good job market, or whatever else it is that causes cost of living to be higher where you live. Don't expect the Feds to cook up some complicated scheme to make a mobile cost of living minimum wage to give more money to people who live in areas where people are already getting other, non-monetary geographic benefits.
You don't want to pay more to live in the New York metro area? Move out here to Ohio, where you'll get more for your money.