4 ms·
It's also worth noting that it's normalized to household size -- income divided by sqrt(household size). So for a married couple with two children -- a number
by dgacmu 9y ago
It's also worth noting that it's normalized to household size -- income divided by sqrt(household size). So for a married couple with two children -- a number close to my own heart -- the 105k satiation point would be real dollars of 210k/year.
Dollars are also represented as International Dollars, which are adjusted for the local purchasing power, expressed in units equivalent to one USD in the US.
- sjg007 9y agoThat makes sense. It's a lot and doesn't go very far in the Bay area but it makes things better than just 105k-120k for a family of 4 which can work but can be stressful.