The Importance of a Cost of Living Index

The biggest issue there is just that cost of living is so wildly different in different places. I don't know how we could address that other than just like having some sort of cost of living index. It's entirely possible that we just see a bunch of people moving out to the country where it's cheaper to live, right? "I hail from rural South Carolina where $1,000 check you can live per month," he says.