Research Matters – C2ER/LMI Institute August 4, 2022



August 4, 2022


County Cost of Living Index and Median Household Income: How Cost of Living Differences Decrease Real Earnings

The decision to move to a new city for a bigger salary may seem like a no-brainer, but how far will that extra money go? It is undeniable that larger metro areas like New York and Los Angeles offer better opportunities for higher paying jobs, but jobseekers should not only consider the size of their paycheck when figuring out where they should call home.

The Council for Community and Economic Research (C2ER) creates a County Cost of Living (CCOL) adjustment which standardizes the Median Household Income (MHI) data provided by the U.S. Census Department. Covering 3,111 counties, the data unveils what actual income may look like for a relocating worker.

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