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median US salary is $54K, given the pound to dollar exchange that would mean a UK workers average salary should be 47K(pounds) to equal a US workers average, it
by subsubzero 4y ago
median US salary is $54K, given the pound to dollar exchange that would mean a UK workers average salary should be 47K(pounds) to equal a US workers average, its not even close.
https://www.thebalancemoney.com/average-salary-information-for-us-workers-2060808 https://www.thebalancemoney.com/average-salary-information-f...
- tptacek 4y agoYou're talking about the current, anomalously, news-breakingly low pound/dollar rate, right?
- subsubzero 4y agoyeah I am, typically its $1.50-$1.25 to a pound.
- lotsofpulp 4y agoBut a typical US worker has to pay significant amount of health insurance premiums and has a significant $3k to $10k deductible and up to $17k out of pocket maximum. Assuming the common 70%/30% premium cost sharing for a silver health insurance plan, an American has to pay somewhere around ~$200 per person at the minimum. That is $2,500+ per year for a healthy young adult, and goes up from there, especially for those with dependents who may not even be subsidized by the employer. Although, the quality and quantity of healthcare actually delivered and received in both countries is heavily in flux, making comparisons even including insurance costs quite difficult.