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A man gets an offer for a job in both LA and Virginia. In LA, he...

A man gets an offer for a job in both LA and Virginia. In LA, he is told his starting salary will by $65,000. In Virginia, he is told his starting salary will be $52,000. After researching each state, he learns that the average annual cost of living in LA is $60,000 with a standard deviation of $5,792 and the average annual cost of living in Virginia is $50,000 with a standard deviation of $2,999. In terms of monetary value in the context of cost of living, which job should he accept?

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