> So we here in Silicon Valley shouldn't be concerned about the enormous > increases in the cost of living over the last 20 years, since it just means > there's been inflation? If so, how come "inflation" hasn't affected, say, > Iowa, nearly as much? > > How would *you* calculate changes in the standard of living without > comparing the cost of living to inflation-adjusted income?
I would compare the cost of living to unadjusted income. Standard of living =income/costs Dan M. Like he said. :-) Gautam
