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To add to this, I stayed in a family apartment in Wuhan for a month last year. The place had three bedrooms, a washing machine & a full kitchen in about 100 m^2
by scythe 7y ago
To add to this, I stayed in a family apartment in Wuhan for a month last year. The place had three bedrooms, a washing machine & a full kitchen in about 100 m^2. Wuhan metro is about the size of Los Angeles (20M) and the cost was maybe an eighth of LA’s price for that kind of thing. Some of that can be explained by labor cost and legitimate environmental regulations, but Americans don’t make 8x what Chinese make.
- TylerE 7y ago> Americans don’t make 8x what Chinese make. You're right, they make "only" 7x as much. US Median Income: $43,585 China M.I.: $6,180 http://worldpopulationreview.com/countries/median-income-by-country/ http://worldpopulationreview.com/countries/median-income-by-...
- avinium 7y agoEven the median income comparison is probably too favourable - Wuhan and LA are apples to oranges. I'm sure LA is one of the higher-income cities in the US, and Wuhan is one of the lower.
- TylerE 7y agoLA actually isn't super high. Median income is only about 2/3rds of the real top cities (DC suburbs have a median of almost $100k, LA is more like $60)
- Amygaz 7y agoWuhan median is $34k and $65k in LA.
- bpicolo 7y ago34k CNY, each of which is .14 USD
- icsllaf 7y agohttps://www.averagesalarysurvey.com/wuhan-china https://www.averagesalarysurvey.com/wuhan-china In USD really. Unsurprisingly, people living in a large city in China are not dirt poor as you would expect.
- bpicolo 7y agoYou need government data sources to get decent information here. China reports Shanghai as the highest income city with an average salary of 9,700 yuan/month. https://www.chinadaily.com.cn/a/201904/10/WS5cad86f7a3104842260b565c.html https://www.chinadaily.com.cn/a/201904/10/WS5cad86f7a3104842...
- PhasmaFelis 7y agoThat probably doesn't accurately reflect the income difference between LA and Wuhan. Large parts of China are still effectively the third world. Urbanites in America make more than rural folks, but the difference is less drastic.