I was reading this item from NCSB dated May 2007 about Poverty Threshold in Urban and Rural Areas - Bicol. And it never came to me as a surprise regarding their findings.
Many would asked including me. Why?
...The disparity in the cost of living between rural and urban areas is highest in Catanduanes where living in the urban areas cost 65.5 percent higher than living in the rural areas. Among provinces, urban areas in Catanduanes have the highest annual per capita poverty threshold reaching P22,841. On the other hand, cost of living in urban areas in Masbate is only 13.3 percent higher than living in the rural areas of the province. Masbate has the lowest urban and rural per capita poverty thresholds - May 16, 2007 NCSB.
Many would asked including me. Why?
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