This past week, NPR's Planet Money released an online tool comparing median income of various cities in relation to how far that income would go. Based on surveys by the Bureau of Economic Analysis, this tool draws on Regional Price Parity; measuring the variation in cost a basket of consumer goods would have in different locations. Especially of interest, the tool indicated residents of nearby Danville, IL see the biggest jump in "perceived" income due to the low cost of living in that area. ABC NewsChannel 15's Kim Shine sat down with our own Jacob Kuebler to discuss. You can see the full news story below.
You may also wish to see the full NPR story by following this link or the original NewsChannel 15 Story by following this link.