Posts Tagged ‘cost-of-living’

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    How Much is $250,000?

    Jun 29, 11 • 99 Views • Demand, Supply, and Markets, Economic Debates, Government, Households, Macroeconomic Measurement, Money and Monetary Policy, Thinking EconomicallyNo Comments

    Told that someone earns $250,000 a year, you should ask, “Where do you live?” According to CNN, you would need to earn $545,000 in Manhattan to spend what $250,000 will buy in Missoula, Montana. On this map, you can see how your cost of living...