company offer: move outside expensive city & take 10% paycut for $20,000 bonus

[fescuerescue]

3. That's a pretty good deal in most cases

The $20k covers the moving cost.

And the standard of living is going to up quite a bit, living outside the ultra high cost areas. Even though areas like that pay more, they never pay enough to make up the difference.

I had a chance a few times to move to the Bay Area. But the increased pay has NEVER been enough to cover the increased cost of living.

I did the math once. Moving from the Midwest to the Bay Area, I would need about double my then pay rate. But generally only about 30% more was on the table. That was 20 years ago. I imagine the situation is worse now.