You have to add - besides the cost of housing - the other costs, including food, transportation, private health (if not public), costs of school for your children (if any), and any number of other factors to make a minimally meaningful comparison.
Exactly. I wish I could downvote this. Not only are the numbers completely subjective, they are also not correct for some countries in the spreadsheet and they don't indicate living costs at all.
Lower salary in a country where you don't have to pay for healthcare, university tuition and get 28 days paid holiday a year is a lot more than a higher salary in a country where you don't get any of that.
What does the author try to achieve with such biased statistics?
The title does have the words "disposable income" in it, which explains what it is. You can gleam from it what you like, probably influenced by your political views.
The numbers are actually much more objective than if they were to mix in all of the subjective quality of life elements that you're describing. This isn't a table of the best places to live.
1) get a job in Switzerland (if you want to stay in EU/Euro countries Germany or Denmark)
2) relocate (with the same wage) in Palermo or Tenerife
3) profit
seriously, I am taking Palermo and Tenerife as examples of places where the climate is so much better than northern/continental Europe and - generally speaking - the cost of life is a fraction.
But you don't need this spreadsheet to intuitively know this, and the data - since it is an average - cannot be really-really accurate (IMHO), maybe it can be useful within a same country.
Since I'm from Chile, and I originally made it for myself, I included a Dollar to Chilean Peso (local currency) conversion. I thought I would be useful to have an option for converting to local currencies to appreciate better the differences among countries. Still a work in progress by the way.
Ooh, ok, thanks. Since the numbers in that column were preceded by the "$" sign I thought they were in dollars and referred to something else. Speaking of that something else - the numbers you had in Column I are strikingly close to the officially projected amounts of what a "wealthy" person in each one of those cities would be (in dollars). I mean the US cities only. For example, for the Bay Area that number is in the $4m-$5m range, for DC it is in the $2m-$3m range, etc. I am guessing it is just a coincidence but it drew my attention and since I did not know what the column stood for I asked. It turns out it was not what I thought :-)
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[ 4.5 ms ] story [ 58.3 ms ] threadWho knows?
You have to add - besides the cost of housing - the other costs, including food, transportation, private health (if not public), costs of school for your children (if any), and any number of other factors to make a minimally meaningful comparison.
Lower salary in a country where you don't have to pay for healthcare, university tuition and get 28 days paid holiday a year is a lot more than a higher salary in a country where you don't get any of that.
What does the author try to achieve with such biased statistics?
1) get a job in Switzerland (if you want to stay in EU/Euro countries Germany or Denmark)
2) relocate (with the same wage) in Palermo or Tenerife
3) profit
seriously, I am taking Palermo and Tenerife as examples of places where the climate is so much better than northern/continental Europe and - generally speaking - the cost of life is a fraction.
But you don't need this spreadsheet to intuitively know this, and the data - since it is an average - cannot be really-really accurate (IMHO), maybe it can be useful within a same country.
And the median would me more interesting.
[1]: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD000000000049...
check out https://www.numbeo.com/health-care/