I have nothing to support this but I’ve always thought it was to play into middle America’s biased perception of New York/LA.
It always seems like middle Americans thought about the increased salaries in these areas with taking the CoL there into consideration. They’d think someone making huge salaries must have all this extra income without considering they’re probably paying 2-3x the cost for housing alone, if not more.
I have nothing to support this but I’ve always thought it was to play into middle America’s biased perception of New York/LA.
It always seems like middle Americans thought about the increased salaries in these areas with taking the CoL there into consideration. They’d think someone making huge salaries must have all this extra income without considering they’re probably paying 2-3x the cost for housing alone, if not more.