Moreover, many countries exempt teachers from the national pension scheme, just like the US. The UK, which I used as an example above, has a teacher pension system
French income tax maxes out at 45% on income above €157,807, while US federal income tax maxes out at 37% above $518,401
Spending levels are much higher than parent reported. [1] for one school chosen at random shows that their budget was almost 8000 GBP/pupil - over 30% higher than cited. Furthermore, 82% was staffing. A mere 3% is allocated to facilities.
In my local school district[2], salaries for all staff add up to a little less than 60% of the budget. Facilities (21.6%) and debt service (7.6%) are a far greater fraction of our costs.
In short, the "education is cheaper in London" story is a lie. Many of their costs are payed for by a different color of money entirely, and simply doesn't show up on the education budget.
[1] https://schools-financial-benchmarking.service.gov.uk/school...
[2] https://www.adams12.org/financial-services/documents/fiscal-...
I wonder if it has to do with the level of services expected and provided between locations, states, and counties.
For example, I know that special needs students, which can be notoriously expensive to educate.