4 ms·
Your purchasing power map is also misleading because it just compares how far $100 will go in each state. Of course CA will appear to be worse. What this misses
by brookhaven_dude 8y ago
Your purchasing power map is also misleading because it just compares how far $100 will go in each state. Of course CA will appear to be worse. What this misses is that CA salaries trend higher too. (But it's AEI, so kinda expected).
- rayiner 8y agoScroll down: the state-by-state ranking (where California ranks #37) accounts for the higher salaries.
- mdorazio 8y agoOutside of the Bay Area (which accounts for maybe 18% of the population) they really don't. Check out [1] and sort the table by median household income. You have to go way down the list to get to a place outside the Bay. In fact, California is ranked 10th for household income by state [2], after Virginia. If you excluded the Bay Area bubble it would be much lower. [1] https://en.wikipedia.org/wiki/List_of_United_States_counties_by_per_capita_income https://en.wikipedia.org/wiki/List_of_United_States_counties... [2] https://en.wikipedia.org/wiki/List_of_U.S._states_by_income https://en.wikipedia.org/wiki/List_of_U.S._states_by_income