Max lives in Boston and earns $132,500 per year. If Max decides to move to San Francisco, what
annual salary will he need to make in order to maintain the same real wage?
The Cost of Living in Selected U.S. Cities
City
Cost-of-living index number
New York (Manhattan)
216.7
San Francisco, CA
164.0
Washington, DC
140.1
Los Angeles, CA
136.4
Boston, MA
132.5
Philadelphia, PA
126.5
Seattle, WA
121.4
Chicago, IL
116.9
Richmond, VA
104.5
Phoenix, AZ
100.7
Detroit, MI
99.4
Atlanta, GA
95.6
Charlotte, NC
93.2
Dallas, TX
91.9
$
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