Wednesday, July 11, 2012

Midwest Advantage #235



Joel Kotkin's latest piece finds what many of us in the Midwest already knew.  Everything is relative.

Paychecks in the Midwest are pretty good when one accounts for costs of living.  It's a reason that belongs high on the list for why industry business development should be looking more and more to the Industrial Midwest for investment.

Kotkin looked at 51 metropolitan areas and put Cincinnati and Columbus in the top 10.  He concluded, "When cost of living is factored in, most of the places that boast the highest effective pay turn out to be in the less celebrated and less expensive middle part of the country."

Indeed.  Call it another Midwest advantage.

See the full article.

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