I was thinking about house price comparisons this morning as I pondered a job offer in Los Angeles. For me to move from where I am in Tennessee to LA, and have the same standard of living in regards to home size and amenities, nearness to work, cost of living, taxes, etc, they would have to offer me nearly 5 times what I'm paid here, but I know I would be lucky to get twice my current income. (For instance, my house payment, with taxes and insurance, is a little over $500 a month here. In LA, the same size home, in a similar neighborhood {no drive by shootings} would cost me around $3000 per month for the P&I alone)
If I moved to Thailand, assuming I could <i>get</i> a job, the question of living standards comes to mind. I could get a Thai home in a Moobaan for 300k baht or less (well, my wife could
) I could (and have) live and eat like a Thai villager on a pittance. If I wanted to live the same way I do here, then prices skyrocket, with 1 million + for a home, 400k+ for a car or truck, plus insurance, fuel, repairs, etc, and then there's eating out, movies, books, TV, internet, cell phone...Well, you get the picture.
Comparisons don't work...You aim at what you want, and have to be willing to pay the inevitable price...