5 ms·
London, UK is a 0.628 which is laughable.
by mpeg 7y ago
London, UK is a 0.628 which is laughable.
- fernandotakai 7y agoabsolutely bonkers. london was one of the most expensive cities i've ever visited -- can easily compare to NYC.
- perl4ever 7y agoIsn't this a product of the different exchange rates people use? From what I've seen, if you want to buy something large like a car in the UK, you can approximate the cost by taking the American price and converting it using the official exchange rate, which is...1.23 at the moment but often higher. But the salaries I see advertised are generally as if the exchange rate were 1:1. So I think wherever this factor comes from, it's not new or obscure, and at about 20%, it pretty much explains the discrepancy here.