I was thinking about this this morning, as I was making coffee. I have lived in the same city for nearly my whole life (not intentionally, exactly, in that I applied to universities outside this city, and jobs outside this city, but got into the university here, and hired here, so here I am nevertheless), and I love this city, but...$360,000 is a lot of money, but it's not THAT much*, and it's certainly not enough to make up for what I would lose in the opportunity to go visit my family and friends who live elsewhere. I don't know what price I'd put on that. Certainly I'd need A LOT of compensation for not even being able to go see my mother (she lives right outside my city; you can walk from her house to the city limits in a few minutes).
* I should note that one's perspective on things does vary, but $360K is right around the 98th percentile in the US, but the jumps in income as you go up a fractions of a percent at that end of things are very large (like, 99th is ~$500K, 99.5th is ~$800K). So woo, being in the 98th percentile, but you still won't have, functionally, enough money to be, you know, actually a Rich Person. Especially if you can't take vacations, which at the 98th percentile are really one of the big perks. (I mean, there are TONS of perks to living on $30K/month rather than, say, $30K/year, and I am not knocking all those others. But on a realistic life level, at $360K, "vacations" are a huge part of "how to use the money that doesn't get used up on necessities".)
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* I should note that one's perspective on things does vary, but $360K is right around the 98th percentile in the US, but the jumps in income as you go up a fractions of a percent at that end of things are very large (like, 99th is ~$500K, 99.5th is ~$800K). So woo, being in the 98th percentile, but you still won't have, functionally, enough money to be, you know, actually a Rich Person. Especially if you can't take vacations, which at the 98th percentile are really one of the big perks. (I mean, there are TONS of perks to living on $30K/month rather than, say, $30K/year, and I am not knocking all those others. But on a realistic life level, at $360K, "vacations" are a huge part of "how to use the money that doesn't get used up on necessities".)