Kentucky by the numbers: $28,790
That is the median salary in Lexington for a job with a national median of $30,000, according to a recent survey by the consulting firm Mercer. According to Cathy Shepard of Mercer, it is important to understand the difference between the cost of living and the cost of labor. Cost-of-living differentials reflect the differences in the cost of goods, such as housing, groceries and transportation. Cost of labor accounts for differences in compensation for the same work. Mercer's survey...
9/22/2008 10:46:00 AM
Kentucky.com: Business
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