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A middle-class salary was once enough to comfortably afford a car, a home and even put away some money into savings. Now, however, many Americans earning a middle-class income are finding it hard ...
To put it another way, the purchasing power of a dollar compared to the U.S. average is $1.13 in Birmingham and $0.79 in San Jose. The net impact of accounting for differences in the purchasing power of a dollar in different MSAs is to narrow the gap in the standard of living between rich and poor cities. [6]
Norfolk–Virginia Beach–Newport News, Virginia–North Carolina MSA 1,569,541 $20,328 108 Memphis, Tennessee–Arkansas–Mississippi MSA 1,135,614 $20,327 109 Kalamazoo–Battle Creek, Michigan MSA 452,851 $20,324 110 Saginaw–Bay City–Midland, Michigan MSA 403,070 $20,320 111 Boise City, Idaho MSA 432,345 $20,280 112
Media outlets often publish articles about the richest cities in each state, showing off the location's biggest tourist attractions, fanciest neighborhoods or most sparkling amenities, like ...
The cities were sorted to show the cheapest cost of living within these high livability locations, representing the cheapest places to live with a high quality of life that you may not have heard ...
States and territories are sorted by the share of the lowest quintile in aggregate household income, i.e. the share of household income of 20% of the poorest households in the total household income. Due to different methodologies by which the United States Census Bureau and the EPI have calculated their results, the data should not be compared.
The poverty threshold in 2008, the last year used in Brookings' study, was $21,384 for a family of four. That means consumer spending is probably moribund in the suburbs covered in this analysis.
Associated Press Finance 1 hour ago Stock market today: Despite Oracle's drag, Wall Street drifts as it waits for inflation data. Wall Street is quiet on Tuesday, and U.S. stock indexes are drifting in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on W…