In 2023, buying a home in California became increasingly unattainable for many, especially in major cities like San Jose and Los Angeles. A Harvard University study revealed that median home prices in these areas were up to 11 times higher than the average annual wages. The report highlighted a growing
A new report by the World Risk Poll 2024, in collaboration with Lloyd’s Register Foundation, reveals startling insights into global economic resilience. Surveying 147,000 people across 142 countries, the poll asked how long individuals could manage basic needs like food and shelter without any income. The findings highlight a stark
According to the MIT Living Wage Calculator, Massachusetts tops the list, requiring $116,022 yearly, while West Virginia is the most affordable at $78,790. To live comfortably, a person in the top 11 most expensive states in the union must earn more than $100,000 annually. Bruno Venditti of Visual Capitalist created
According to survey data conducted by Statista’s Consumer Insights, 60% of Greeks live in fear about their financial future. In light of the recent spike in inflation and the cost of living crisis, many households are beginning to examine their bank balance with anxiety. Survey results from Statista’s Consumer Insights
According to SmartAsset, which calculated the income a family needs to live comfortably in every US state using the MIT Living Wage Calculator, Massachusetts is the most costly state to live comfortably, and Mississippi is the cheapest. To live comfortably, a family in the five most expensive states in the
