Cost of Living – Why Michigan?July 22, 2021
In 2019, there were 7,676 more engineers in LA than Detroit, however, there is a higher concentration in Detroit (LQ 3.05) than LA (LQ 0.97) as evident by their respective location quotients measuring concentration. In fact, engineers are less concentrated in LA than the rest of the nation on average (LQ <1). Therefore, students and young professionals who are looking for employment as an engineer will be able to tap into the talent pool in Detroit, where engineers are employed at a greater rate than a typical region. In addition, based on the cost of living they will be able to maintain a higher standard of living.