[Vision2020] Idaho residents earn less [than] all but one other state

[Kenneth Marcy]

On 8/20/2014 9:06 AM, Paul Rumelhart wrote:
> I was curious how we ranked in cost of living for 2012, but I couldn't 
> (quickly) find a good ranking.  I did find this article in the 
> Statesman: 
> http://www.idahostatesman.com/2014/04/28/3158112/idaho-cost-of-living-creeps-toward.html. 
> If I'm reading that right, we are 31st in cost of living, which I 
> think means that we are the 20th lowest in cost of living, if you want 
> to look at it that way.  They are not very clear in the article.

Frankly, a financial article with the byline Idaho Statesman Staff is 
less than completely awe-inspiring, especially when it fails to mention 
its data sources.

If you are concerned with practical cost-of-living comparisons, I 
suggest that you check out the website Sperling's Best Places at 
http://www.bestplaces.net/city/idaho/moscow

Use their Compare functions to gain more insight about differences 
between various location pairs.


Ken


> On Wed, Aug 20, 2014 at 8:28 AM, Kenneth Marcy <kmmos1 at frontier.com 
> <mailto:kmmos1 at frontier.com>> wrote:
>
>     *http://tinyurl.com/k6zhbbn*
>
>     *7. Idaho*
>     *> 2012 spending per capita*: $30,190
>     *> Personal income per capita*: $34,481 (2nd lowest)
>     *> Pct. bachelor's degree:* 25.5% (14th lowest)
>     *> June unemployment rate:* 4.5% (8th lowest)
>
>     Idaho's unemployment rate weathered the recession remarkably well,
>     remaining at least one percentage point below the national rate
>     over the last 10 years. Personal incomes in the state, however,
>     have been relatively low. In 2012, Idaho residents earned less, on
>     average than Americans in all but one other state. This may be due
>     to Idaho's labor force, which is concentrated in trade,
>     transportation, and utilities, sectors that typically offer
>     low-wage jobs. While earnings were low, residents spent nearly 88%
>     of what they made in 2012. Idaho residents spent more on gasoline
>     than all but four other states, likely due to the size of the
>     state's transportation sector.
>
>     *http://tinyurl.com/k6zhbbn*
>
>
>     Ken
>
>
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