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DC-onomics

I didn’t do too well in economics (*cough* I failed it the first time *cough*), yet I still feel the need to have discussions regarding the cost of living in DC in relation to a persons income.

The more I think about it, the more I realize that there is no good reason to live here on a long term basis unless:

-You grew up here

- You work for the feds

-You were offered a really well paying job

-You are here for school

I am speaking from the point of view of someone who wants to accumulate wealth. I do realize that’s not important to everyone, but that is important to me. So right now moving to somewhere like Oklahoma is looking really appealing. However I need to complete my research so that I can make an educated argument.

Here’s what I’ve found so far on the cost of living in DC.

Do You Really Need to Make That Much to Live Near DC? - Posters on this forum are saying either you are rich or poor in DC, there is no middle class

Priciest US Cities (2006) - DC ranked #5

The cost of living in Washington, D.C. is 81% above the national average

I’m still searching for more.

One Trackback/Pingback

  1. Diva in DC › If You Hate DC Then Stop This Blog on Friday, September 21, 2007 at 11:20 am

    […] the way, that image is not a gross exaggeration. That whole “cost of living” thing can really kick you in the […]

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