Wages in the U.S. are rising, slowly—the median wage grew almost one percent in 2017 to $44,564, according to the Bureau of Labor Statistics. But how much bang your hard-earned bucks will get you varies from state to state.
The Bureau of Economic Analysis (BEA) has released data comparing the cost of living and income in different parts of the country. They found that in 2016, the states with the fastest growth in per capita income were Maryland, Hawaii, Utah and California, which all saw increases of over 3%.
Meanwhile, per capita income declined in seven states, with the biggest falls occurring in Oklahoma (-2.9%), Wyoming (-2%), and Arkansas, North Dakota and Alaska (all -1.5%).
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