4 ms·
Without knowing where you are, 15 ranges from 'virtual poverty' to 'ok'. 19 isn't much better. 'Very good' sounds like an immense overstatement. For reference,
by BlargMcLarg 4y ago
Without knowing where you are, 15 ranges from 'virtual poverty' to 'ok'. 19 isn't much better. 'Very good' sounds like an immense overstatement.
For reference, you'd earn the same in most of Europe and have far more security nets.
- AstralStorm 4y ago1:1 converted to Euro, assuming that is a full time job and you live in France or Germany where you might be able to find such a salary, you're almost certainly never owning a home with this job (since it's likely in a big city), and forget about savings. Sometimes even rent might be problematic. It's just above poverty, but still precarious. Quite a chunk below median even. Big Mac adjusted it looks even worse. Meaning, you're not buying stuff either. At least you probably won't go bankrupt from medical bills, for what that's worth.
- BlargMcLarg 4y agoSo what are you comparing with? CoL is a far bit higher in many places in the US, safety nets are worse, employee protection is worse, many other things are straight-up worse at that income level in the US. How do you think the US can have a worse median than many European countries while paying far more for skilled labor? Parent says 'very good'. If all you've got going for you as a country is a bit lower house prices / rent while living on virtual poverty, that's not 'very good'. I'm not saying Europe is great, it's comparing a 4 and a 5 on a scale of 10. Both are bad. It's just exemplifying that 'very good' is a gross overstatement, when the US requires far more financial self sufficiency while one is paid the same.