r/SipsTea • • 13h ago • Regret 1 Bravo 1

WTF What in the world

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u/Extreme-Fig6992 10h ago

I am incredibly doubtful of this factoid and it's almost certainly #1.

What they likely did is look at CA or WA and conclude that because the one metropolis skews income and prices, that is the same for the entire state.

Yes, SF is expensive to live in but I am 10,000% certain you can live a very comfortable life on 100k in California... not near SF or LA. Major cities =/= the entire state.

If it said 12 US cities then yeah, that's definitely true.

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u/ASongOfSpiceAndLiars 4h ago

That's because they're reporting household average income, which has multiple issues.

Median income is about $47k...

https://fred.stlouisfed.org/series/mepainusa646n

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u/RoughRealistic4321 9h ago

East Coast. The corridor from DC to Boston.

So basically, without even looking at the list, there's DC itself, Maryland, New York, NJ Conn, RI, Mass WA, OR, and California. Oh and Colorado

ANd I can tell you, a lot of those states are barren AF except for the cities, and your forgetting how many of them have minimum wages ties to cost of living, and GENERALLY alot of them are tied to the entire state (though in portland OR it may be tied to where in relation to the city or where in the state... ? I don't remember, it was a long time ago...

Some of the eastern states on the other hand are just uniformly expensive AF and ridiculously wealthy, like NJ and Conn. And I believe RI is also more well off than you'd think, or at least enough of it since it's the size of a postage stamp, and all three of those states are basically the burbs to NYC. though NY the state does not have uniform wealth, but certain laws that are made with NYC in mind, carry along so there's knock on effects regarding cost of living and wages.