Re:What's my place in the world population?
by Tenoke on Thursday March 17, 2022 @07:46AM
(#30710042)
I wish instead of just counting tax it would e.g. add rent, too. Living in a big city your salary can look much more impressive than if you look at disposable income.
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Re:What's my place in the world population?
by willcipriano on Thursday March 17, 2022 @08:38AM
(#30710467)
If you do it that way very wealthy people can appear to have average income.
"Yeah I make 2 million a year, but my mortgage is 25 thousand and my Aston Martin costs 4 grand!"
Truth is places are expensive beacuse they are desirable. Living in a tin shack in Africa without indoor plumbing isn't comparable to living in a posh flat in central London. We like to pretend that it is and call it cost of living, but it's really the standard of living that is different
With globalization this is even more true, with the rise of remote work doubly so.