Originally posted by: ShadesOfGrey
Originally posted by: RightIsWrong
It is pretty easy to say that the folks in Mass have a Median Income of $75,000 but only give $3000/avg while the fine folks in Miss have a Median Income of $40,000 and give $5000/avg. thus making the Mississippians much more gracious and the Massachussetians (or whatever they are called) as more greedy.
It should take into account that the average cost of a home in Jackson, Miss is $118.1k and in Boston it is $389.7k.
Metro area home prices
<a target=_blank class=ftalternatingbarlinklarge href="http://www.catalogueforphilanthropy.org/cfp/generosity_index/faq.html">3. Your ranking doesn?t seem to take into account costs of living, which may be why so-called ?wealthy states? such as Connecticut, California and Massachusetts rank lower in the Generosity Index.
Costs of living are difficult to take into account because there is no statewide data on costs of living -- that data is around metropolitan areas.
Furthermore, costs of living only kick in as a factor as you go down the income scale; at the upper reaches of income, costs of living are not an inhibiting factor, and the majority of charitable giving is done by those at the top of the income scales.
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