Episode 148: The Cost of Living

Large countries, like the United States, span multiple time zones and have multiple climates. They also have multiple economies, each with different price levels. Prices in New York City are very different from prices in Boise Idaho - typically higher. But wages in New York City are higher also, but then so too are taxes, and so too is the likelihood of being employed. In this episode, James and Ant talk about differences in the costs of living across US cities.

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Quick hits

UPS drug runners https://www.nytimes.com/2019/11/27/business/ups-drugs-tucson-arizona.html

Average person can tolerate family members for four hours

https://www.studyfinds.org/breaking-point-average-person-cant-last-four-hours-with-their-family-over-the-holidays/

Foolishness of the week

Washington College cancels anti-rascist play

https://reason.com/2019/12/03/washington-college-the-foreigner-censorship-students-kkk-racism/

Regional price parity index

https://www.bea.gov/news/2019/real-personal-income-states-and-metropolitan-areas-2017

Topic of the week

Differences in the costs of living across the country

https://www.businessinsider.com/cost-of-living-san-francisco-compared-to-other-cities

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