I don't know that you could live in Chicago on $80,000 a year. Actually, are any of these livable wages for their cities? I'm guessing no.

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The key to this data is "median household". This socioeconomic statistic includes households with one or multiple wage earners. It's not the average salary of an adult working full-time. This chart was meant to show how household incomes shifted in a one year period for those markets - due to many factors in all likelihood.

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This doesn't seem right to me either. I was looking at relocating to Tampa and rental and home prices were both very high. I guess you could maybe do it on $84k if you had roommates, but a livable wage to me is one that gives you the financial freedom to not have to do this just to pay rent.

Chicago doesn’t mean “in the loop.”

Chicago is very inexpensive in many of the outer neighborhoods. The places not advertised on websites or have leasing agents.

People also have lots of roommates.

The reality is that people in this country - by and large - don’t make a whole lot - even in the large cities.

This is why if people of lesser means have the ability to move to a secondary or tertiary market city, they’d largely do better and be better off. A barista at Starbucks doesn’t make 8x as much in NY as they do in Akron to justify the CoL differences.

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