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US: Real median household income was $70,784 in 2021, not statistically different from the 2020 estimate of $71,186 (Figure 1 and Table A-1). [1] UK: Median ho
by dan-robertson 3y ago
US: Real median household income was $70,784 in 2021, not statistically different from the 2020 estimate of $71,186 (Figure 1 and Table A-1). [1]
UK: Median household disposable income in the UK was £32,300 in the financial year ending (FYE) 2022, a decrease of 0.6% from FYE 2021, based on estimates from the Office for National Statistics (ONS) Household Finances Survey. [2]
I think the GP’s claims are true (the UK is poorer and many people don’t realise it). It used to be a bit less obvious when GBP was strong so you needed to look at things like PPP (or like, how good the tumble driers are) to see the difference.
[1] https://www.census.gov/library/publications/2022/demo/p60-276.html https://www.census.gov/library/publications/2022/demo/p60-27...
[2] https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth/bulletins/householddisposableincomeandinequality/financialyearending2022 https://www.ons.gov.uk/peoplepopulationandcommunity/personal...