News for hackers. Stuff that matters.
Re:The work-from-home future is destroying bosses' brains by pessimizer on Thursday June 10, 2021 @07:56PM (#27467635)
A Big Mac doesn't cost any more in Denmark than in the US, but the workers make twice as much.
Re:The work-from-home future is destroying bosses' brains by incrudible on Thursday June 10, 2021 @08:49PM (#27468001)
This is not true. Not only is the Big Mac in Denmark nominally more expensive, but so is almost everything else. Actual purchasing power after taxes is not necessarily higher, but it also varies with the city.

For example: Seattle vs Copenhagen

https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou...

Re:The work-from-home future is destroying bosses' brains by oxfeed65261 on Thursday June 10, 2021 @08:43PM (#27467958)
Per https://www.economist.com/big-mac-index, in December 2020, “A Big Mac costs DKr30.00 in Denmark and US$5.66 in the United States.” Using the listed exchange rate of DKr 6.12/US$, that’s $4.90 in Denmark, so in fact somewhat less. Which implies that the DKr is undervalued vs. the US$, at least for this particular one-item basket of goods.
Re:The work-from-home future is destroying bosses' brains by AmericanBlarney on Friday June 11, 2021 @02:55PM (#27477158)
On one hand, sure but if your take home pay after taxes is also less, than it's affordability (cost/income after taxes) may be lower.
Re:The work-from-home future is destroying bosses' brains by rwcarlsen on Thursday June 10, 2021 @08:45PM (#27467972)
After reading your comment I want searching around the nets - and discovered this: https://www.economist.com/big-mac-index . Hilarious yet insightful.
Re:The work-from-home future is destroying bosses' brains by brailsafe on Thursday June 10, 2021 @08:40PM (#27467927)
Really? I was under the impression from a Danish person that fast food and other leisure type activities were quite expensive like they are in Norway.
Re:The work-from-home future is destroying bosses' brains by pharmakom on Friday June 11, 2021 @02:43AM (#27470063)
All the Scandinavian countries have high cost of living. Go to one of their supermarkets, you will be shocked. I think on balance they are better off though.
Re:The work-from-home future is destroying bosses' brains by willyt on Friday June 11, 2021 @03:42AM (#27470413)
I was really surprised how expensive basic food is in New York compared to UK[0]. Things like fruit, veg, cheese, cereal were more than twice the price. The only things that were cheaper were hotdogs and hotdogs buns. Eating out is very expensive in scandinavia but I don’t think supermarket food is expensive compared to the US.

[0] Prices at the large supermarkets don’t vary much if at all between shops across the UK

Re:The work-from-home future is destroying bosses' brains by throwaaskjdfh on Friday June 11, 2021 @09:36AM (#27473118)
I had the opposite experience. I suspect people spending time abroad temporarily, but long enough to go grocery shopping, tend to arrive at the most expensive grocery stores during their temporary stay.
Re:The work-from-home future is destroying bosses' brains by willyt on Friday June 11, 2021 @12:57PM (#27475745)
I'm not talking about Wholefoods, that's overpriced here as well. I'm talking about a slightly grubby supermarket in an unfashionable part of Brooklyn about 5 years ago. Maybe food prices vary a lot across the US, they don't really in the UK as the big 4 supermarkets all advertise their offers nationally. Smaller supermarkets can be more expensive, but an extra 20% not 300%.
Re:The work-from-home future is destroying bosses' brains by megablast on Thursday June 10, 2021 @09:08PM (#27468143)
What??