Quote:
Originally Posted by Acajack
All of which proves how dubious GDP per capita can be when it comes to the typical standard of living in a place.
What looks like it's in better shape on the ground: Quebec or Mississippi?
Would you rather be an average Mississippian or an average Quebecer?
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He's wrong in any case. I've had a look at 2019 figures (last year before Covid). That year the GDP per capita of Québec was 45,458 PPP USD. The GDP per capita of Mississippi was only 38,978 PPP USD.
In fact Québec's GDP per capita is more comparable to Idaho's. In 2019 the GDP per capita of Idaho was 46,529 PPP USD.
Note that Québec's GDP per capita slightly understates the actual standard of living in Québec, because of commuters to Ottawa (the GDP contribution of these residents of Québec doesn't show up in the GDP of Québec). So once accounting for this statistical bias, it's safe to say Québec is at the same level as Idaho.
Ontario's GDP per capita (slightly overvalued due to Québec commuters to Ottawa) stood at 51,402 PPP USD in 2019. This is the same level as Maine (50,964 PPP USD in 2019).
In parenthesis, Idaho is one of the most attractive and dynamic states in the US at the moment. Boise is booming.