3 ms·
Once you include "luxury" consumption countries with "low" COL stop being low COL. For example cars, iphones, laptops are way more expensive in Eastern Europe t
by betaby 8y ago
Once you include "luxury" consumption countries with "low" COL stop being low COL. For example cars, iphones, laptops are way more expensive in Eastern Europe than US.
- bkovacev 8y agoIn Eastern Europe a 2018 car that costs around 30k euroes which is a Passat/Superb goes for about 400$ a month. If you're only pulling in 100k, that won't hit you hard at all. 1-1,5k for high end apartment's rent (which is waaaay too much anyway), 400 for the car and 1k for other necessities. If taxes were 33%, you'd be left with 66k. 66k - 12x(1.5k+400+1k+100) = 30k. That's still a lot more money left than if the person was in NYC without a lease/finance and with rent that's twice as much.