SmartAsset has just released its 8th annual study on the places with the most purchasing power. The study measures the income of local residents against the cost of living in each county in the U.S.
According to the study, Mecklenburg County ranked among the places in North Carolina where purchasing power was highest. For a closer look at how the top performing economies in North Carolina compared, check out the table below:
Rank | County, State | Cost of Living | Per Capita Income | Purchasing Power – Index |
---|---|---|---|---|
1 | Orange, NC | $44,550 | $67,089 | 33.96% |
2 | Chatham, NC | $45,061 | $66,766 | 32.95% |
3 | Mecklenburg, NC | $44,540 | $65,244 | 32.25% |
4 | Wake, NC | $46,151 | $65,450 | 30.31% |
5 | Dare, NC | $43,180 | $59,240 | 28.39% |
6 | Catawba, NC | $36,713 | $49,193 | 27.06% |
7 | Iredell, NC | $41,948 | $56,201 | 27.06% |
8 | Carteret, NC | $39,830 | $53,276 | 26.96% |
9 | Moore, NC | $40,862 | $54,514 | 26.82% |
10 | Guilford, NC | $37,439 | $49,856 | 26.72% |
You can find the full study, methodology and interactive map here: [LINK]