Paycheck-to-paycheck depends on community type —

Photo by Andre Taissin on Unsplash

Paycheck-to-paycheck living is more common in urban areas and in the western part of the country. This is primarily due to a higher cost of living:

As the study noted, urban consumers are the most likely to live paycheck to paycheck, at 69%, followed by 63% of rural consumers. In comparison, just 55% of suburban consumers live paycheck to paycheck, a 20% difference compared to urban areas.

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