Comment on YSK: Ranked: Minimum Wages in 50 U.S. States & 35 Countries

• Evil_Shrubbery@thelemmy.club ⁨1⁩ ⁨week⁩ ago

  It’s adjusted for cost of living, I assume that’s like a purchase parity thing.

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• 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.

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