u/TheBoizAreBackInTown

How well does COTI (cost of thriving index) actually measure affordability and living standards?

https://media4.manhattan-institute.org/sites/default/files/the-cost-of-thriving-index-OC.pdf

I'm not an economist, so I've only recently discovered this work by Oren Cass (never heard of him either). However, it seems to confirm that throughout the years, the affordability of the things an average middle class family owns and consumes has actually fallen down massively from 1985 up to 2020. That could be the reason why people seemingly struggle more and more to provide for their families (or at least this work claims so).

Are there any known criticisms of this index I'm not aware of? Or does it really measure quality of living and affordability well? What are your thoughts on this?

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