Dollar is incredibly strong, because it is a global reserve currency. If you look at purchasing power, the difference in incomes between UK and USA would be much lower.
Comment on Rich People Are Becoming Less Willing to Help With the World’s Problems
Not_mikey@lemmy.dbzer0.com 10 hours agoMedian post-tax household income is £36.7k
Wow that seems low, US median household income is $83k, even with taxes and conversion that seems like a significant gap and I always thought US and UK had similar price levels. Are taxes just that much higher? Or are households smaller ? Or are incomes in the US just that much better?
Collatz_problem@hexbear.net 9 hours ago
Womble@piefed.world 4 hours ago
The wealth of the USA compared to other devoloped countries has shot away over the past 10-15 years, it's not entirely clear why.