Unlike most millennials, Norway's are rich

Re:Unlike most millennials, Norway's are rich by chiefalchemist on Saturday July 14, 2018 @07:49AM (#17529949)

Perhaps I read / skimmed too fast but I felt there wasn't enough mentioned about buying power. Income without context is meaningless.

Making $100k in NYC or London is not the same as $100k in Costa Rica, etc. It's not what you make that matters. It's the ratio between income and living / life costs.

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Re:Unlike most millennials, Norway's are rich by flurdy on Saturday July 14, 2018 @09:22AM (#17530237)

Post tax spendable income gives an indication on real income:

* http://www.nationmaster.com/country-info/stats/Cost-of-livin...

* https://www.huffingtonpost.co.uk/entry/disposable-income-map...

General cost of living data for Norway:

* http://www.nationmaster.com/country-info/profiles/Norway/Cos...

As well as the Big Mac index as ball park cost indicator:

* https://en.wikipedia.org/wiki/Big_Mac_Index

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Re:Unlike most millennials, Norway's are rich by chiefalchemist on Saturday July 14, 2018 @09:30AM (#17530261)

Thanks. Much appreciated.

Shame the article lacked this context.

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Re:Unlike most millennials, Norway's are rich by A2017U1 on Saturday July 14, 2018 @09:09AM (#17530196)

I'd include quality of life in that too.

Have earnt decent money in unpleasant places where the cost of living is cheap, it's not worth it at all.

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Re:Unlike most millennials, Norway's are rich by chiefalchemist on Saturday July 14, 2018 @09:29AM (#17530259)

Agreed. "Rich" is not only shallow, it's not accurate either.

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