While this may come as no surprise to many: Multnomah County is one of the priciest places to live in Oregon, according to the Economic Policy Institute. The organization recently released its 2018 family budget calculator that estimates how costly it is to live in each of America’s 3,142 counties and 611 metro areas.
The group estimates a family of two adults and two children in Multnomah County would need to earn a combined $95,324 per year — or $7,944 per month — to live comfortably. Perhaps surprisingly, Clackamas, Washington, and Crook counties were the top three most expensive counties to live in. (whole story)
Portland Patch
March 26, 2018
Seen by some as the industrial heartbeat of Oregon, Washington County is perhaps unsurprisingly the second priciest places to live in the state, according to the Economic Policy Institute. The organization recently released its 2018 family budget calculator that estimates how costly it is to live in each of America’s 3,142 counties and 611 metro areas.
The group estimates a family of two adults and two children in Washington County would need to earn a combined $100,012 per year — or $8,334 per month — to live comfortably. Clackamas, Crook, Multnomah, and Yamhill rounded out the top five most expensive counties to live in, respectively. (whole story)
Beaverston Patch
March 26, 2018
The population of Nevada is largely comprised of people living in one of two counties – Washoe and Clark. Washoe is the state’s northernmost populated county, and Clark is the most populated in the entire state. While the population of Clark County is nearly five times that of Washoe County, both counties contribute to the pulse of the Silver State. So how does the cost of living compare in the two?
Northerners might not like to hear it, but a family of four could save a noticeable amount of money each year by living in the desert. (whole story)
Reno Patch
March 26, 2018
In a surprise twist, it turns out Clackamas County is the priciest place to live in Oregon, according to the Economic Policy Institute. The organization recently released its 2018 family budget calculator that estimates how costly it is to live in each of America’s 3,142 counties and 611 metro areas.
The group estimates a family of two adults and two children in Clackamas County would need to earn a combined $100,909 per year — or $8,409 per month — to live comfortably. Washington, Crook, and Multnomah counties followed up as the second, third, and fourth most expensive counties to live in. (whole story)
Oregon City Patch
March 26, 2018
The recent annual update to the Economic Policy Institute’s 2018 Family Budget Calculator says that a Manatee County family of four needs $77,800 a year just to maintain an “adequate yet modest standard of living.” Meanwhile, the median household income in Manatee County is only $50,835. The difficulty facing young adults, seniors and the disabled is demonstrated by an annual living cost of just over $36,000 for a single individual with no dependents. The median individual wage in the North Port-Sarasota-Bradenton metropolitan area is only $41,870. (whole story)
The Bradenton Times
March 26, 2018
A new calculator shows how much families need to make to be able to afford the cost of living in San Diego. According to the Economic Policy Institute, a family of four (two adults and two children) would need to make an average of just over $97,000 per year to be able to afford to live in San Diego County. (whole story)
KGTV
March 26, 2018
The Economic Policy Institute has gathered info on the cost of living across the country and have put it all together in a handy calculator that will tell you the average cost of living for your family. The calculator isn’t exact but it takes into account where you live and your family size. After entering my information (2 adults, 1 child, living in Wyoming, MI) the calculator determined that my family pays $5,162 monthly and $61,945 annually to live comfortably. The calculation takes into consideration the following costs: (whole story)
Mix 95.7
March 26, 2018
A trade war is an escalation of tit-for-tat trade restrictions imposed by two or more countries on one another’s exports. Trump has argued that trade wars are “good, and easy to win,” especially since the United States imports a lot more from many of its trading partners than it exports to them. Some analysts, such as Robert E. Scott of the left-leaning Economic Policy Institute, argue that other countries won’t even dare engage in a trade war with America. This past week, Treasury Secretary Steven Mnuchin asserted that “the United States is the largest trading market,” implying that it has more leverage than other countries.
The Washington Post
March 23, 2018
Research shows that illegal wage theft exceeds $15 billion every year. “It seems obvious that when employers can legally pocket the tips earned by their employees, many will do so,” said Heidi Shierholz, senior economist and director of policy at the Economic Policy Institute (EPI). If tipping wages were legal, the number of stolen tips would increase exponentially, she argued. The Labor Department itself found that the tip-pooling rule could allow employers to keep $640 million in tips every year. This figure pales in comparison to EPI estimates of $5.8 billion.
Yahoo Finance
March 23, 2018
Heidi Shierholz, an economist at the Economic Policy Institute, a think tank that was highly critical of the original proposal, said the deal reached Wednesday is “not perfect,” as it could still lead to some servers’ earnings being shifted to other workers. But with the added protections, “It is clearly better for workers than if the Department of Labor’s proposed rule had been finalized. There’s no question,” she said.
The Huffington Post
March 23, 2018