How do “universally” priced items work into cost of living?

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Example: I live in Oklahoma and lets say I have a friend who work in San Francisco. We both order the same thing on Amazon that costs $300. Does that $300 work to out to mean the same amount for us somehow? PSA: I say “universally” to mean across a country/region, where you can have many different costs of living, but things bought online would cost the same.

In: Economics

2 Answers

Anonymous 0 Comments

But things online are not priced the same across the board.

Prices are set regionally, typically.

Buying something used is different. Used items are worth what someone will pay. Some things are just $300.

When I was pregnant you could set your store to a different store on buybuybaby and then have it shipped anywhere. Somewhere in Kansas had a crazy diaper sale matching a local competitor; someone in my mom’s group shared the deal and how to get it. I changed my store to the Kansas store and ordered $400 worth of diapers for $285. They shipped to me in Kentucky for free.

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