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12/21/22, 5:39 PM Living Standards across U.S. Metropolitan Statistical Areas | James Bullard | St. Louis Fed Home > Latest from President Bullard > Speeches, Presentations and Commentary From the President Living Standards across U.S. Metropolitan Statistical Areas April 13, 2018 Presentation (pdf) | Press Release St. Louis Fed President James Bullard drew on research from the St. Louis Fed and others to compare living standards across hundreds of metro areas in the U.S., just as living standards across countries have long been compared. He highlighted the importance of adjusting for price differences, particularly housing costs, when making such comparisons. In all, 381 MSAs in the U.S. were studied as well as just the 53 largest MSAs. “Among the top 10 large MSAs, only St. Louis and Nashville can simultaneously claim a higher-than-average standard of living, a lower-than-average cost of living and moderate income inequality,” Bullard said. He spoke at Washington University in St. Louis. Related: Transcript of Audience Q&A, posted on Wall Street Journal Pro. Similar remarks were delivered in St. Louis at the de Tocqueville Society, May 17, 2018, and at the Civic Progress meeting, May 21, 2018. FOLLOW US SIGN UP FOR EMAIL ALERTS Receive updates in your inbox as soon as new content is published on our website SIGN UP https://www.stlouisfed.org/from-the-president/speeches-and-presentations/2018/us-metro-areas 1/2 12/21/22, 5:39 PM Living Standards across U.S. Metropolitan Statistical Areas | James Bullard | St. Louis Fed QUICK LINKS About Us Legal Information Contact Us Privacy Policy Careers Doing Business with the Fed Events Federal Reserve Services Visiting the St. Louis Fed Federal Banking Regulations https://www.stlouisfed.org/from-the-president/speeches-and-presentations/2018/us-metro-areas 2/2