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May 18, 2007


Extended Measures of Well-Being

The living standards of U.S. households are traditionally measured by income. A recent Survey of Income and Program Participation (SIPP) report takes a different approach. Extended Measures of Well-Being: Living Conditions in the United States, 2003 (PDF - 488kb) (released April 2007) measures living standards in terms of extended measures of well-being of households tracked in the SIPP to help deepen our knowledge about household conditions in ways not captured by money alone. Some aspects of well-being, such as fear of crime or quality of local public services, may be only loosely connected with money. Other measures are more closely related to income but can also be effected by factors such as the cost of living, age, disability status, and sudden changes in circumstances. Extended measures of well-being provide a more complete and detailed picture of household living conditions in the United States than income alone provides.

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