I do sympathize with the issues regarding cost of living for employees in situations like this. But there’s a qualifier here. The wages will be higher, full stop.
Carson City is a half hour away in good weather. Median home price… $450K.
In Portland, Oregon, the supposedly dying city… $560K, and going up after a bit of a down cycle for two years. Frankly, Portland needed more correction than what it got.
Thing is, you go down the Willamette Valley from Portland and there’s barely any drop off. Maybe Salem is cheaper, but charming towns like Newberg, McMinnville, and Silverton… brace yourselves. And maybe don’t even look at Bend over the Cascades. That’s not even California we’re talking about, and don’t get me started about San Francisco.
That is simply the west coast economy circa 2023.
Meanwhile, my daughter is all but closed on a house in Pittsburgh, about 3 miles from downtown, for $185K. MY DAUGHTER! (she can’t be out of grade school yet, no?) Shrug. This got brought up yesterday because a friend paid $1.70 for a coffee in St. Louis for what goes minimum $4 here. Just saying.