• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

Visualizing The (High) Cost Of Living In New York City

Tyler Durden's picture




 

The South Texas city of Harlingen is the cheapest place in the U.S. to live, according to the sixth annual cost of living index, a study conducted by the Council for Community and Economic Research. By contrast, the cost of living in Manhattan, one of the most expensive places to live in the world, is almost three times that of Harlingen. If someone with an annual income of $60,000 in Manhattan moved to Harlingen, she’d need to make just $21,768 a year to maintain her standard of living.

 

 

Source: Visual.ly

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