The Difference Between What You Earn and Your Purchasing Power In Each State-Mobile Version

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Introduction

It is a well known fact that the price of different goods vary from state to state. What we don’t see very often though is a standardization of raw statistics to reflect this. Below you are able to find the nominal median income of each state, or the raw number, and the real value of the median income in each place, or the purchasing power.

Nominal

Real Median Income

 

Difference Dash

Source

The data for this visualization comes from the 2013 ACS 5 Year Estimates for Median Income and BEAs Regional Price Parities. The data was manipulated in excel and then loaded into Tableau to create the visualizations.
The ACS Data can be found at http://factfinder.census.gov/ The BEA data comes from https://www.bea.gov/newsreleases/regional/rpp/rpp_newsrelease.htm

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