Re: high salary Originally Posted by neetnik461 Medscape nursing recently posted an excellent study regarding nursing salaries vs. cost of living (and therefore real buying power) for the 50 states.
Click here for a table showing the results Attachment 5321 Here's the link to the full article http://www.medscape.com/viewarticle/541776?src=mp Long story short: -Texas has the most disposable income for nurses when cost of living is figured in. -Hawaii comes in last
The study talks about the "grass is greener" syndrome in which nurses move cross-country or travel to states paying the highest hourly wage. But how green the grass really is has to do with how much is eaten up with cost of living expenses!
Thanks for posting the links. I have read this article and think it is a very important study, one that most nurses should read. Far too many nurses underestimate the impact of the cost of living on their actual compensation.
I deal with it all the time. I live in an area where the cost of living is about average for the state -- but we are about 3 hours away from a metropolitan area that has one of the highest costs of living in the country. It's almost impossible to recruit nurses from that part of the state because our salaries are lower. Those nurses don't seem to see that our cost of living is so much lower, that they would actually make out better here.
The more education we get about such issues, the better.
llg
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