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Median income and take home pay should be brought into account though. California has one of the highest even by US standards so a $1000 bill for the median Cal
by piva00 2y ago
Median income and take home pay should be brought into account though. California has one of the highest even by US standards so a $1000 bill for the median Californian family feels much less expensive than for the median Manchester family.
- akira2501 2y agoThere are no median families. There are a lot of very high wage earners in CA. You should really be looking for the mode here.
- piva00 2y agoI agree, the mode is probably better. Anyway from the median you can also get a good guess of how much income the band sitting between 25%-75% has since it's a normal distribution. Either comparison should be ok for a guesstimate of the impact of electricity bills for a family in California vs different parts of the UK.