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(3,732 posts)

3. Let's not forget to adjust for local cost of living

Mon Sep 1, 2014, 12:50 PM

Sep 2014

Rent and cost of living where I live is much higher than elsewhere in the country...so in relative terms minimum wage is even lower.

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True inflation? [View all] kentuck Sep 2014 OP

k&r for a massive increase in the minimum wage. n/t Laelth Sep 2014 #1

fun how they leave the day to day stuff out of 'core inflation' ProdigalJunkMail Sep 2014 #2

Let's not forget to adjust for local cost of living daredtowork Sep 2014 #3

True. kentuck Sep 2014 #4

Yes, minimum wage has not kept up with inflation since the 60's taught_me_patience Sep 2014 #5

Necessities have gone up a lot more in cost than luxuries starroute Sep 2014 #6

A lot of the inflation has come in the past 10 years. roamer65 Sep 2014 #7

That sounds realistic to me. raccoon Sep 2014 #8

Please provide evidence that real inflation is 8-10% taught_me_patience Sep 2014 #9