A new interactive tool by Bloomberg allows users to compare how income in one U.S. metro area translates to another due to cost of living differences. For instance, a $90,000 salary in San Francisco feels significantly less than the same amount in Buffalo, New York. The tool uses a beeswarm chart to display median household income distribution across various metro areas. It reveals that living in Brownsville, Texas, where costs are 21% lower than in San Jose, California, could make your income feel much higher. This comparison highlights how income perception varies greatly by location, influenced by local costs and not just high income brackets. Additionally, the 2020 American Time Use Survey shows how daily routines have shifted, affecting income and lifestyle across different states.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
