Research Paper On The Cost Of Living In America

Decent Essays
The cost of living in America continues to increase. Recent reports seem to indicate that the American GDP is increasing as well – but the amount that the average American earns is not. Rising costs and flat-lining incomes mean only one thing: it\'s becoming harder to afford to live. This infographic is a study of 129 cities across every state in America, comparing the median income to the cost of living. All numbers are compared to the national average, so you can see which cities are more or less expensive to live in for a variety of factors: groceries, utilities, transportation, housing, and more. The cost of living is calculated using a composite index – meaning that it measures a number of different factors, each individually weighted

Related Documents

  • Improved Essays

    Paying for a college education is the greatest obstacle when trying to achieve the American Dream. Everyone has the same aspirations to be successful by obtaining the American Dream, however, in "Jorge The Church Janitor Finally Quits" shows how one man struggles because he doesn't have a college education, he's an immigrant, and he has a low paying job. The attainability of the American Dream is low because the price of building houses was expensive and more people are renting than buying homes. According to an article written by The Washington Post, the writer states "In Las Vegas, the share of household renting rose by 10%” meaning that more people are renting apartments than buying homes due to the cost of home ownership (Badger).…

    • 932 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    That determines that people in Crest Hill have are living well enough. With the average income of Crest Hill in 2010 being 48,842, the people there are living a good life (U.S. Census Bureau 2010). The people who have achieve a high school diploma or higher most likely have good jobs and people who don’t have jobs in that location either have good resources to help them through the tough times or live in Crest Hill, but work in another city. Making Crest Hill a thriving city to live in.…

    • 642 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Most people in the middle and upper classes of American society believe that low wage workers are where they are due to multiple reasons, such as drug use, laziness, or other mistakes. This thought has been part of society for many years, and as a result there is often little pity, and little help for the poor. In the book, Nickel and Dimed, the author, Barbara Ehrenreich, an established writer, leaves her comfortable life, and lives and works the life of low wage worker, in order to shed light on the true nature of the lower class. As Barbara struggles throughout the time of her social experiment, she discovers how the difficulty of finding housing, as well as the time consumption, and wear and tear of low wage work, make it difficult for…

    • 950 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Dear Raja. The minimum wage must be raised because it get’s people out of poverty and the economy will boost because if they have more money there will be more purchasing power. Minimum wage gets people out of poverty. The congressional budget office estimated that raising the federal minimum wage to $10.10 an hour from $7.25 would lift 900000 people out of poverty. This proves that they get people out of poverty because they will be able to live a normal life with enough money.…

    • 359 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Minimum wage is the lowest wage allowed by law or by special agreement. the federal minimum wage for covered over time paid employees is 7.25 per hour; which was enforced july 24, 2009. these type of employees are called non exempt employees under the FLSA act. Employees must pay them one an a half times their regular pay when they work over fourty hours a week. in my opinion, we should not have minimum wage laws nor should we raise them.…

    • 261 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Minimum Wage In Texas

    • 1077 Words
    • 5 Pages

    What is Minimum Wage and why we need to increase it in Texas? Minimum wage by definition is the lowest wage permitted by law to be paid to any worker or employed person. A Quote by Jon Corzine he said, “No family gets rich from earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty.”…

    • 1077 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Consider your budget, the transportation, and living environment when you rent an apartment. Bibliography America's 20 most expensive cities for renters. Business Insider. Web.…

    • 415 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Overall the increase in minimum wage will hurt young people more than anything, because we are the ones that are depending on finding a job with little to no experience. After all we do have to pay for books and gas etc. In order to be able to succeed through college and have a successful life and for some people they pay out of pocket for college and for people that do get financial aid if their parents income rises they will no longer be able to receive financial aid or work as a work study on their college campus. Which will cause a lot of students to drop out because even though their parents income increases doesn’t mean that they can afford to pay out of pocket for books and other things that they need for school. So overall increasing…

    • 159 Words
    • 1 Pages
    Decent Essays
  • Great Essays

    The Middle Class, the Most Affected by The Economic Recession For the past 40 years, the economic system has been in decline and with it, the opportunities for America’s the middle-class success has also lessened. The time in which the wages of a non-educated person were higher than the ones a teacher received is long gone. In fact, the minimum wage has increased insignificantly over the years, in spite the growth in the cost of living causing a gap between people’s needs and what they can actually afford. The rapid growth of inflation has had an effect on the most vulnerable part of our society the low and the middle-income families pushing every day towards poverty and living them with no options to succeed in society.…

    • 1535 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Is the American minimum wage a living wage? I was at the CenturyLink Stadium working my ass off. I was holding up a banner on the field for what felt like an eternity. That day I worked 7 grueling hours on the field while taking breaks in between.…

    • 1417 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Can fifteen dollars an hour really help you for the long term? Raising minimum wage is the governments way of not having people apply for welfare. There are so my factors to raising minimum wage and seemingly the government is trying to cover those factors but as the years go on not all “acts” will stick and follow through. Minimum wage is not a career income and if the acts do last, fifteen dollars gives off the idea of not having an education all right to go by to the teenagers and young adults and that living off minimum wage is satisfactory. Businesses are forces to abide by these laws without any guarantee of business stability.…

    • 733 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    No matter where you live if the living cost goes up so should minimum wage. When raising the cost of living it is important to also raise minimum wage. So many people work so hard and go above and beyond just to be able to survive and take care of the their families. The government is constantly raising the cost of living so why not the raise the cost to work. You just can’t raise one and not the other because then too many people are without and won’t survive.…

    • 676 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Economic Growth The economic strength of the African American community will soon reach $1.5 trillion. To quantify this number and put it into some context, this number is equivalent to the gross domestic product of Russia and South Korea. If we were a nation, we would be the 12th richest country on the planet. Although macro-economists will quickly tell you that GDP and buying power are not the same, since we are not a country exclusive of the U.S., I believe that it provides, at least, some context. Our collective economic strength makes us a prime market for advertisers, marketers and those who desire to influence our buying behaviors.…

    • 446 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    The Income and Wealth Inequality of America As a capitalist nation, the United State of America is facing a serious problem, which is the inequality of wealth and income. In pace with the growth of the economy, the rich people are getting richer and the poor people are getting poorer. The gap between the rich and poor is widening unprecedentedly fast. Why is that happening?…

    • 1247 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Poverty in America Poverty has plagued the world for as long as anyone can recall, and it persists in America today. According to the U.S. Census Bureau, 14.3% of the American population is in poverty. Minorities are at a disadvantage because of how easily they can be drawn or pushed into poverty. Poverty does not necessarily have a color, but minorities are often used as one. Poverty has become a major problem, which only grows every year.…

    • 1003 Words
    • 4 Pages
    Improved Essays