Compare Job Offers in Two Different Cities Assume you have two job offers, one in Chicago at $50,000 per year, and the other in San Antonio at $47,000 per year. The cost of living index for Chicago is 132 and for San Antonio it is 114. Taking into consideration the cost of living difference between the two cities, which is economically the better offer?
Compare Job Offers in Two Different Cities Assume you have two job offers, one in Chicago at $50,000 per year, and the other in San Antonio at $47,000 per year. The cost of living index for Chicago is 132 and for San Antonio it is 114. Taking into consideration the cost of living difference between the two cities, which is economically the better offer?
Chapter2: Career Planning
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![Compare Job Offers in Two Different Cities
Assume you have two job offers, one in Chicago at $50,000 per year, and the other in San
Antonio at $47,000 per year. The cost of living index for Chicago is 132 and for San Antonio,
it is 114.
Taking into consideration the cost of living difference between the two cities, which is
economically the better offer?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9978ffa8-8e6a-4550-8363-e044b6a6e895%2Fd6534b8c-b1a1-493d-ab49-b149e34c6855%2Fahxsill_processed.png&w=3840&q=75)
Transcribed Image Text:Compare Job Offers in Two Different Cities
Assume you have two job offers, one in Chicago at $50,000 per year, and the other in San
Antonio at $47,000 per year. The cost of living index for Chicago is 132 and for San Antonio,
it is 114.
Taking into consideration the cost of living difference between the two cities, which is
economically the better offer?
![Equation 2.1
Comparing Salary Offers in Different Cities
Insert Your Figures
$65,000
Salary In City #1
Index City #1*
Index City #2*
Equivalent Salary City #2
*From http://www.cityrating.com/costofliving.asp
114
138
$53,695.65](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9978ffa8-8e6a-4550-8363-e044b6a6e895%2Fd6534b8c-b1a1-493d-ab49-b149e34c6855%2Ff948ur_processed.png&w=3840&q=75)
Transcribed Image Text:Equation 2.1
Comparing Salary Offers in Different Cities
Insert Your Figures
$65,000
Salary In City #1
Index City #1*
Index City #2*
Equivalent Salary City #2
*From http://www.cityrating.com/costofliving.asp
114
138
$53,695.65
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