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Exactly. Median income in Norway is scary low, especially for single-person households. https://www.ssb.no/en/inntekt-og-forbruk/nokkeltall https://www.ssb.no/

Exactly. Median income in Norway is scary low, especially for single-person households. https://www.ssb.no/en/inntekt-og-forbruk/nokkeltall https://www.ssb.no/en/inntekt-og-forbruk/nokkeltall

somecontext 9y ago
In case anyone is interested, Statistics Norway believes that the median after tax income for households consisting of persons living alone under 45 years old was 280,200 NOK/year in 2015. The exchange rate with the dollar varies of course, but this is somewhere between 33,300--38400 USD/year. This report https://www.census.gov/content/dam/Census/library/publications/2016/demo/p60-256.pdf https://www.census.gov/content/dam/Census/library/publicatio... suggests that the median income of non-family households in the United States was ~33,800 USD/year, before taxes but after cash transfers from the government. I am not sure how to compare the before and after tax measures, but even if I could, there are still many remaining differences between the United States and Norway. Also note that the two groups being compared are not the same, because of the age restriction.
olavk 9y ago
Scary low compared to what?
- erikbye 9y ago
  For being one of the richest countries in the world the median income is way too low (especially for single-households). And a direct comparison with other countries can't be done without factoring in all the taxes we have in addition to payroll tax. Norway is also one of the most expensive countries in the world. We have 25% VAT on most goods and services. 15% for food and drink. Alcohol is heavily taxed, for high alc/vol 65% of the purchase price is taxes. Vehicles are heavily taxed, compared to, i.e., Sweden. A $50k car in the U.S. would be $100k here, or more, depending on engine size, emissions, etc. High environmental taxes for fuel, electricity, etc. Taxes on gifts, inheritance, property, wealth, pension, etc. http://www.skatteetaten.no/en/Rates/Value-added-tax/ http://www.skatteetaten.no/en/Rates/Value-added-tax/

Exactly. Median income in Norway is scary low, especially for single-person households. https://www.ssb.no/en/inntekt-og-forbruk/nokkeltall https://www.ssb.no/en/inntekt-og-forbruk/nokkeltall

somecontext 9y ago

In case anyone is interested, Statistics Norway believes that the median after tax income for households consisting of persons living alone under 45 years old was 280,200 NOK/year in 2015. The exchange rate with the dollar varies of course, but this is somewhere between 33,300--38400 USD/year. This report https://www.census.gov/content/dam/Census/library/publications/2016/demo/p60-256.pdf https://www.census.gov/content/dam/Census/library/publicatio... suggests that the median income of non-family households in the United States was ~33,800 USD/year, before taxes but after cash transfers from the government. I am not sure how to compare the before and after tax measures, but even if I could, there are still many remaining differences between the United States and Norway. Also note that the two groups being compared are not the same, because of the age restriction.

olavk 9y ago

Scary low compared to what?

erikbye 9y ago
For being one of the richest countries in the world the median income is way too low (especially for single-households). And a direct comparison with other countries can't be done without factoring in all the taxes we have in addition to payroll tax. Norway is also one of the most expensive countries in the world. We have 25% VAT on most goods and services. 15% for food and drink. Alcohol is heavily taxed, for high alc/vol 65% of the purchase price is taxes. Vehicles are heavily taxed, compared to, i.e., Sweden. A $50k car in the U.S. would be $100k here, or more, depending on engine size, emissions, etc. High environmental taxes for fuel, electricity, etc. Taxes on gifts, inheritance, property, wealth, pension, etc. http://www.skatteetaten.no/en/Rates/Value-added-tax/ http://www.skatteetaten.no/en/Rates/Value-added-tax/