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Mint Map: Income by State

Infographic by Ross Crooks

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With unemployment rates soaring, the days when you could be assured of finding a job in your preferred location are long gone. In these times of economic uncertainty, you may be forced to relocate, either to chase a new employment opportunity, or to reduce your living expenses. Before you do however, you’ll need to carefully weigh the balance between your earning potential and the cost of living in the city or region you are thinking of relocating to. The high cost of living in some states, particularly those on the east and west coasts is largely offset by the fact that there are more high-paying jobs. Of course there are other factors to consider when trying to improve your quality of life, like the weather and the ratio of cities to rural areas. But whether you can earn a solid living is probably the first thing you’ll need to know. The following map shows income trends by state and highlights some of the most and least affordable cities in the US based on some of the largest budget items for individuals and families.

21 Comments so far

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  1. The interesting thing is they list Norwalk, CT as the highest income Metro area. However, what they don’t mention is that in Norwalk there is the ghetto section where wages are very low and there’s the ‘rich’ section which makes up most of the wages.

  2. Facebook User

    The minimum wage in San Fracisco is $9.79.

  3. I think it’s important to show this number in relation to the average or median cost of living in each state. There numbers are basically meaningless without that number. People might be making less in a certain state, but it might be much less expensive to live there compared to, say, the West Coast. The only mention of cost of living is that NYC’s is 119% above the national average.

  4. Need a side by side comparison w/ cost of living map

  5. The author mentions in the text about all possible scenarios you should be thinking while relocating but the map doesn’t include all of such data for every state. For e.g. If I move to CT (fat cash), how much does it take to travel to my work, how much is cost of living, whats cost of a house? etc. etc. Is there such data available anywhere?

  6. Less than 20 minutes of a commute daily?! I’m moving to Buffalo! I’m sick of sitting in traffic for 2 hours every single day!

  7. Michelle

    http://www.findyourspot.com is a great website that helps you weigh and answers many of these concerns.

  8. We are currently looking to relocate, and we are using a decision model to evaluate each city prior to our visit. Our model uses cost of living and availability of work along with a number of other factors such as climate, quality of life and accessibility. You can learn more about our model and how we are applying it at http://www.wiredwalkabout.com. We are already rerouting portions of our trip because we’ve learned some of our destinations just don’t measure up to the criteria we’ve set for a good potential home…

  9. BuffaloBill

    @Jeff: I live in Buffalo, you don’t want to come here. Well unless you like a state that taxes you to death, snow, potholes. I could go on but I won’t waste both our time.

  10. Matthew C

    I would rather see income in relation to cost of living as that is more substantial.

  11. @BuffaloBill: And coming to a street corner near you: redlight cameras.

  12. Wow that’s pretty amazing.

  13. Sally Sue

    I can’t tell the difference between the middle shades of green.

  14. While salaries may be higher on the coast to compensate for cost of living. Taxes are higher as well. You may gross twice the money, but you will not net twice the money. Fed. taxes, state taxes, city taxes – it is amazing anyone has money for rent. Moreover, anywhere near New York, LA or SF, you will spend a $1M for a house that would cost your less than $300K in middle America.

    Happily living in the Intermountain West

  15. Wow, 2 other people from Buffalo already. I guess we just get excited when someone is saying something good about our city. As BuffaloBill said, usually it’s taxes, snow, highest gas prices in the country…

  16. Interesting map but…

    Why is Massachusetts, Connecticut, and New Hampshire merged into one state? Even if it’s that they all make 60K+, why are there no dividing lines? Aside from that, I’m pretty sure at least NH’s median income isn’t over 60k.

  17. Kzark It is likely that with 60K being that dark dividing lines are obscured. There are a great number of people who have their official residence in NH without “living” there as that you do not have income taxes. Note to self buy a condo in NH but live in Boston.

  18. I live in Wisconsin and our min. wage is $6.50 an hour and that is just ridiculous. It is hard especially for single parents.

    We are losing jobs left and right, right along with many other states. I could go on and on but I couldn’t possibly write that much.

    Just one word “corrupt”.

  19. In Woming the median income in 2008 was $51,000 (up from $37,000 in 2005) making our state look fairly well off – but the numbers are misleading. Thanks to the energy boom we saw the past years the income for energy workers is very high. Per capita income is calculated by taking all the income of those in the state and dividing it by population (493,000). Wyo. per capita income is also skewed upwards by the high energy boom wages and that income includes the royalties paid to mineral owners. Those employeed in energy jobs reflect only 10% of the population. If these numbers were an average of the other 90% I know that it would show a more desperate picture. Wages are low, rent is high and many people in the middle class struggle making $20-30,000/yr. at the most. Also 33% of workforce does not have year-round employment. So not so great looking when this is taken into account.

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