Can you do a cost benefit ratio on commuting further for a better job?
Can you do a cost benefit ratio on commuting further for a better job?
user
Sure. So in order to calculate a cost benefit ratio, we need to know:
assistant
Okay. The job pays 50K. My current job pays 30K. The cost of commuting is roughly 10K per year.
user
Alright, so I’m guessing you want to know whether it’s worth taking a new job that pays 50K if you move closer to work to take it. So if we assume you live far away now, this calculation would mean the following:
assistant
Okay yes. What is the calculated value then?
user