Kayla_Chp10

Buying Power Index

I was somewhat confused by the idea of buying power index, so I decided to look up an article to explain it in a different way. I was also interested in what parts of the country have the highest buying power, so I found an article that has both.

Dallas, Texas is the highest at 1.919 and Honolulu Hawaii is the lowest at 0.571.

Kansas City, MO ranks at 1.169 and St. Louis is at 1.126.

http://www.nalp.org/buying_power_index_class_of_2011

Here's an image from another website that puts it into perspective visually:

https://taxfoundation.org/real-value-100-each-state-2016/