How does the local cost of living affect a household’s standard of living?

Bloustein PhD candidate Adam Scavette analyzes cost of living differences across the United States in his latest publication “Making Ends Meet. How does the local cost of living affect a household’s standard of living?” published in Regional Spotlight, from the Federal Reserve Bank of Philadelphia.

In this article, Scavette explores the variation in the cost of living across metro areas and the implications of this variation for low income residents. He also explore factors that deter low-income residents from migrating away from high-cost-of-living areas, and public policies that might alleviate the hardships experienced by these residents.

Rents and Food costs across the US

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