4 ms·
what does buying power mean? like, you're able to buy some house on your not 1% salary in your rural area, and a person on a 1% salary in nyc/sf could not buy a
by peakay 7y ago
what does buying power mean? like, you're able to buy some house on your not 1% salary in your rural area, and a person on a 1% salary in nyc/sf could not buy an equivalently nice house?
- dudul 7y ago"buying power. the ability to purchase goods and services" (https://www.dictionary.com/browse/buying-power https://www.dictionary.com/browse/buying-power) So yes. With a lower salary in a specific area, I can probably buy the same goods and services as someone with a higher salary in a different area.