Posts Currently viewing the tag: "Cost of Living"

Cost of Living 4th Quarter 2012 Recently the Jefferson City-based Missouri Economic Research and Information Center (MERIC) published comparative cost-of-living indices for the 50 states covering the fourth quarter of 2012.  (See the link above.)  The National Institute for Labor Relations Research has now used these data, plus MERIC’s indices for…(Read More)

Seven Lowest-Ranking States For Cost of Living-Adjusted Income Lack Right to Work Laws (Click to download Fact Sheet) Economists who wish to compare living standards among various countries routinely use purchasing power parity (PPP) in their calculations.  As its Wikipedia entry explains, PPP is “an economic theory and a technique used to determine…(Read More)