Americans are carrying a record amount of credit card debt, but where that burden hits hardest varies significantly by geography. This visualization maps household credit card debt across all 50 U.S. states. The data for this graphic comes from WalletHub.
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33 sats \ 4 replies \ @BlokchainB 30 Sep
Alaska really?
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70 sats \ 3 replies \ @0xbitcoiner OP 30 Sep
I was also a bit surprised, but if we think about it, it can make some sense because the cost of living there is probably higher due to geographic isolation. I also imagine that people's income is seasonal, so there will be times of the year when income is lower and might not be enough to cover monthly expenses.
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33 sats \ 2 replies \ @BlokchainB 30 Sep
Yeah the big fishing season. But they also get oil royalties per capita
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86 sats \ 1 reply \ @0xbitcoiner OP 30 Sep
I doubt that royalty covers the increase in the price of things. But only by looking at some data could we be more certain.
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33 sats \ 0 replies \ @BlokchainB 30 Sep
Yeah plus the price of oil has been depressed
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