cost of living in most of these countries is massively lower than in US, even without counting cheap or free healthcare and schools
Comment on YSK: Ranked: Minimum Wages in 50 U.S. States & 35 Countries
Evil_Shrubbery@thelemmy.club 1 week ago
So even in all of the best countries it’s still a huge struggle to live on minimal wage, yet there are additional huge & horrible differences to the worst ones.
mybuttnolie@sopuli.xyz 1 week ago
Evil_Shrubbery@thelemmy.club 1 week ago
It’s adjusted for cost of living, I assume that’s like a purchase parity thing.
Djehngo@lemmy.world 1 week ago
This chart attempts to take that into account using OCED’s purchase power parity metric
oecd.org/…/purchasing-power-parities-ppp.html
I don’t know if the basket of goods takes into account healthcare and schooling and I expect it ignores taxes, but it sounds like the chart should be reasonably accurate.
msage@programming.dev 1 week ago
Usually the EU countries have free healthcare, free schools, and social nets.