On May 25, 10:42*pm, "Ed Huntress" wrote:

And you have COL backwards. COL reflects incomes; where people make more,
things cost more.

Ed Huntress

It is you that has the COL backwards. The cost of living in Texas is
considerably less than the COL in New Jersey. For about $300,000 you
can get a 3000 sq. ft. house on an acre lot with a swimming pool in
Texas in Houston or Austin. Pay less than $6000 in real estate taxes
and no income tax. In New Jersey you can pay a bit more and get a
1300 sq. ft. house on about a 1/10 acre lot, no swimming pool, pay
slightly more in real estate taxes, and pay the highest state income
tax in the country. So that $40,000 income in Texas lets you live
better than a $80,000 income in New Jersey.

There is a reason that people do not move to New Jersey to retire.

Dan