Wednesday, May 21 2014
That big Washington region paycheck helps keep up with the cost of living here. Or does it?
Per capita personal income reached $61,743 in 2012, a 5.4 percent increase from 2008, according to an analysis by George Mason University's Center for Regional Analysis. But the cost of goods and services climbed faster over the period, resulting in a 4.1 percent decline of "real" per capita earnings of $48,645.
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