Simply looking at median incomes across cities doesn’t provide a full picture of typical household well-being. In this video, taken from a recent St. Louis Fed Dialogue with the Fed presentation, Regional Economist Charles Gascon adjusted the median incomes of the 50 largest metropolitan statistical areas for cost of living. St. Louis, due to its relatively low cost of living, fares pretty well.
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The St. Louis Fed On the Economy blog features relevant commentary, analysis, research and data from our economists and other St. Louis Fed experts.
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