Which is the Cheapest State for Property v the Highest? | Armstrong Economics

According to GOBankingRates, to afford a house now in California it requires $89,280 annual salary. This is the highest in the nation and is a warning that taxes are pushing the limit in California to the point that house will enter a very sharp decline as people keep trying to leave. This chart is interactive and you can click of each state to look at what is required. An interesting exercise. The cheapest state is Ohio where you need an annual salary of 28,800 to survive.
— Read on www.armstrongeconomics.com/world-news/taxes/which-is-the-cheapest-state-for-property-v-the-highest/

Some surprise here

Relative Prices Matter: Why Cost-of-Living Indexes Don’t Tell Us Much | Mises Wire

Suppose you live and work in Indianapolis. Your employer informs you that it wants to transfer you to San Francisco. One of your first concerns is likely to be: “Hey, what about my salary?
— Read on mises.org/wire/relative-prices-matter-why-cost-living-indexes-dont-tell-us-much