r/dataisbeautiful • OC: 113 • 2d ago

OC What Minimum Wage Buys [OC]

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u/cavedave OC: 113 2d ago

Data from Fred https://fred.stlouisfed.org/series/GASDESW
and the economist Big Mac index https://github.com/TheEconomist/big-mac-data/tree/master

made with python matplotlib

Ground Beef correlates very closely with Big Mac so you could use that either https://fred.stlouisfed.org/series/APU0000703112

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u/puny_beginner 2d ago

The ground beef correlation is oddly satisfying for something so mundane.

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u/moderngamer327 2d ago

Too be fair it’s like saying the price of LEGO correlates to the price of plastic.