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Impact of Gas Prices Depends on Income

The national average for gas prices crossed the previously untouched $4 mark this weekend, and the New York Times makes the point that how strongly this news affects households around the US depends on income. The color-coded map below demonstrates the percent of income spent on gas and it's clear the percentages tend to coordinate with geography.

See a second map that shows how prices vary throughout the country when you read more.

What percent of your income are you trading for gasoline?

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