3 ms·
The cost of living is extremely high in many of the places where people earn these wages.
by the_economist 11y ago
The cost of living is extremely high in many of the places where people earn these wages.
- cm2012 11y agoNot 10x higher, though. Also cost of living is now always matched by median income. For instance, in NYC the median household income is 50k - the same as the rest of the nation.