How Far a Paycheck goes & how it feels (by city)

An interesting graph by NPR’s Planet Money.

http://www.npr.org/blogs/money/2014/05/20/313131559/how-far-your-paycheck-goes-in-356-u-s-cities

I’ve heard that Alberta is similar to New York City but with the “Canada” premium (extra 30%). Alternately one might argue Denver is a better comparison… but the idea comes across. The steepness of the line shows that even if more income is generated it doesn’t feel like it goes very far.

 

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