Shelzin
Equal Opportunity Asshole
- Jul 15, 2012
- 7,610
- 4,172
- 928
- Banned
- #281
Just because... I can't sleep. I will shortly I'm sure...
worldpopulationreview.com
Good example of what I'm trying to say about Micro State economies.
Cali has a Cost of Living Index of 151.7
This means that the average is 100, and to live in Cali in comparison to the rest of the United States average you have to make 51.7% more money than the average US citizen for the same lifestyle.
Iowa, where I live, is at 90.1%.
This means that it's 9.9% cheaper to live here than the average US citizen.
So... 51.7% +9.9% = 61.6% difference in cost of living. So what you can do in Cali with 100k a year, I can do in Iowa for 61.6k... That's essentially 48 dollars an hour vs 30... That's a 18 dollar an hour difference, for the same kind of shit. $15 an hour minimum wage makes sense for Cali. That's 30k a year, a shit wage for Cali because their cost of living is so high. That's essentially 18k here in Iowa in comparison. I absolutely understand why they want a 15 dollar minimum wage. Doesn't make any sense here in Iowa.
You gotta let the STATE set minimum wage... Not the Federal government. You just can't do a one size fits all... So far we've learned that, I hope to god we don't unlearn it. Leave it to feels over logic president/congress/senate to fuck it up though.
Edit: Using Cali because they ARE going to do a minimum $15 an hour min... It's already on the way. Using Iowa, because I live here. If I were to use Hawaii and Mississippi, the highest and lowest index, holy shit.
Cost of Living Index by State 2024
Good example of what I'm trying to say about Micro State economies.
Cali has a Cost of Living Index of 151.7
This means that the average is 100, and to live in Cali in comparison to the rest of the United States average you have to make 51.7% more money than the average US citizen for the same lifestyle.
Iowa, where I live, is at 90.1%.
This means that it's 9.9% cheaper to live here than the average US citizen.
So... 51.7% +9.9% = 61.6% difference in cost of living. So what you can do in Cali with 100k a year, I can do in Iowa for 61.6k... That's essentially 48 dollars an hour vs 30... That's a 18 dollar an hour difference, for the same kind of shit. $15 an hour minimum wage makes sense for Cali. That's 30k a year, a shit wage for Cali because their cost of living is so high. That's essentially 18k here in Iowa in comparison. I absolutely understand why they want a 15 dollar minimum wage. Doesn't make any sense here in Iowa.
You gotta let the STATE set minimum wage... Not the Federal government. You just can't do a one size fits all... So far we've learned that, I hope to god we don't unlearn it. Leave it to feels over logic president/congress/senate to fuck it up though.
Edit: Using Cali because they ARE going to do a minimum $15 an hour min... It's already on the way. Using Iowa, because I live here. If I were to use Hawaii and Mississippi, the highest and lowest index, holy shit.
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