If the cost of a home varies greatly across the country do the average incomes vary accordingly?

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If so, then are items from catalogs or on ebay much “cheaper” for some than others? Around me the average nice home costs between $ 100,000- $ 175,000 but that is outrageously high for where I grew up where the same houses would go for $ 40,000-$ 120,000 at the very most. But I see homes for sale in other parts of the country that are not as nice going for $ 500,000! How can these people pay for these houses? How much do homes cost in your area and how much do people make there? Are the prices of Mcdonald’s higher also? For someone where I grew up buying a $ 100 item on ebay is spending about a day’s wages. Is it fair that someone who is doing the same job in another part of the country gets the same item so much “cheaper”. Does anyone know what I’m talking about? If so please let me know how you feel and what you know about this subject.

  1. Reply
    November 10, 2011 at 5:41 pm

    I don’t think salaries vary as much as Home prices. Homes seem to be sky rocketing while salaries only climb slightly.

  2. Reply
    November 10, 2011 at 5:48 pm

    Cost of living is different through out the country thats why the same job pays X in one part of the country but pays Y in another part.

    Things off ebay and in catalogs though are set prices that have nothing to do with what part of the country you live in.

  3. Reply
    November 10, 2011 at 6:36 pm

    Well sometimes there is, and sometimes their isn’t, a correlation between the cost of housing and jobs. For instance, Florida home prices skyrocketed the last 3 years. A home that cost $ 50,000 4 years ago is not $ 185,000 or more. Wages have not kept up with that. Jobs that pay under $ 10 an hour go begging in the area because people need to make more than that to live, and thankfully unemployment right now is 3-4%. Eventually employers will have to pony up more in wages to get anyone to work for them.

  4. Reply
    November 10, 2011 at 7:21 pm

    Cost of living rates do vary from state to state, or should I say region to region. When I lived in Boston, Mass, I paid $ 680/month for a 2 bedroom apartment, and made $ 9.00/hour as a clinical assistant at an HMO. I moved to South Carolina, and they were willing to pay me $ 6.5/hour to do the same job, but only if I became certified as a nurse’s assistant. At the same time, a 2 bedroom apartment could be had for around $ 400.00/month. The housing costs here are very varied, depending upon the area. We’ve had a major growth in population and industry over the past few years, and the cost of living has changed also. I paid about 3/4s of what my sister paid for her house outside of Boston, Ma, and I have more land, and more square footage. It’s all relative. As to ebay, it’s all about capitalism. Is it fair that I can purchase something for $ 20.00 and then sell it for $ 30.00 to someone who lives in a rural area with no Wal-Mart? I guess that it all comes down to the old notion of supply and demand. If I want something badly enough, I will pay whatever is asked for it. That is what capitalism is all about. America, ya gotta love it.

  5. Reply
    November 10, 2011 at 7:43 pm

    you have just asked the question i’ve always wondered in my head. in the area i live a nice home costs around 80-100,000. i know that would be like a tiny,cheapest dump in other areas. i do think it has a lot to do with the city you live in. if it is a larger city, usually the homes cost more and people earn more. in the town where i live someone working at mcdonalds makes around 6.50 an hour, and someone working there in, say, minneapolis probably makes 10 an hour. and yes, i think the prices at mcd’s are the same, otherwise they couldnt advertise the “dollar” menu.

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