Lower productivity almost always equals lower living standards.
Overall, the median household income in the U.S. is just under $71,000 per year. For Canada, it’s just over $78,000 Canadian dollars, which is equivalent to roughly $62,000 in equivalent purchasing power in the U.S. While this data is not entirely comparable, GDP per capita is strongly related to average incomes, even within Canada.
Per Capita GDP in each US state and Canadian province in 2022,
Last Updated on August 5, 2023