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Yes, but if you're living in e.g. Laredo TX, that floor is a TON higher than the "adjusted cost of living difference" between SF and Laredo.

It's much closer to a 20-30% discount on SF than the 70% difference a raw cost of living comparison would conclude. ( https://www.bestplaces.net/cost-of-living/san-francisco-ca/l... )




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