3 ms·

> but I feel just as "rich" i think it really depends on the lifestyle you're accustomed to having.

by kmlx 3y ago

j7ake 3y ago
If this lifestyle involves having two kids or more, then Germany wins hands down
- KoftaBob 3y ago
  But if the lifestyle involves a certain size home, certain cars, vacations, etc then it's much harder to attain with Germany's average income vs the US.
  - Thaxll 3y ago
    Vacations for Europeans has another meaning, they get weeks, sometime even months each year, in the US there is not even a minimum. The average is 11 days in the states, it's really pathetic.
  - PCI-eX16 3y ago
    Can you elaborate on this, because you probably can't get much of this with the average (let alone median, which is usually the measure for this sort of thing) US income at all. "Certain" is terribly vague, and US and Germany are both big countries. Your housing dollar goes a lot further in some places than others. I'll bet anything Germans have access to better vacations than Americans.
    - KoftaBob 3y ago
      For example, if we compare the average homes in the US vs Germany, which it would be reasonable to assume is occupied by those in the average income bracket of those countries: - The square footage in the American homes is almost double that of German homes, and European homes in general: https://mises.org/power-market/americans-have-much-more-living-space-europeans https://mises.org/power-market/americans-have-much-more-livi... > you probably can't get much of this with the average (let alone median, which is usually the measure for this sort of thing) US income at all. - Housing expenditure as percentage of the household income is lower in the US than pretty much everywhere in Europe, meaning American housing is more affordable with respect to American salaries: https://cdn.mises.org/styles/max_full/s3/hsgexpend_0.png https://cdn.mises.org/styles/max_full/s3/hsgexpend_0.png - If we're talking cars, the same car will usually cost more in Germany than it does in the US, despite the US buyer having a higher income: (Transportation section) https://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=United+States&country2=Germany https://www.numbeo.com/cost-of-living/compare_countries_resu...
    - j7ake 3y ago
      I’ll add that the average German in a major city like Berlin can be housed within walking distance to a local bakery, grocery, school/day care, and work. For Americans, long commute times from their presumably bigger homes is common..

> but I feel just as "rich" i think it really depends on the lifestyle you're accustomed to having.

by kmlx 3y ago

> but I feel just as "rich" i think it really depends on the lifestyle you're accustomed to having.

j7ake 3y ago

If this lifestyle involves having two kids or more, then Germany wins hands down

KoftaBob 3y ago
But if the lifestyle involves a certain size home, certain cars, vacations, etc then it's much harder to attain with Germany's average income vs the US.
- Thaxll 3y ago
  Vacations for Europeans has another meaning, they get weeks, sometime even months each year, in the US there is not even a minimum. The average is 11 days in the states, it's really pathetic.
- PCI-eX16 3y ago
  Can you elaborate on this, because you probably can't get much of this with the average (let alone median, which is usually the measure for this sort of thing) US income at all. "Certain" is terribly vague, and US and Germany are both big countries. Your housing dollar goes a lot further in some places than others. I'll bet anything Germans have access to better vacations than Americans.
  - KoftaBob 3y ago
    For example, if we compare the average homes in the US vs Germany, which it would be reasonable to assume is occupied by those in the average income bracket of those countries: - The square footage in the American homes is almost double that of German homes, and European homes in general: https://mises.org/power-market/americans-have-much-more-living-space-europeans https://mises.org/power-market/americans-have-much-more-livi... > you probably can't get much of this with the average (let alone median, which is usually the measure for this sort of thing) US income at all. - Housing expenditure as percentage of the household income is lower in the US than pretty much everywhere in Europe, meaning American housing is more affordable with respect to American salaries: https://cdn.mises.org/styles/max_full/s3/hsgexpend_0.png https://cdn.mises.org/styles/max_full/s3/hsgexpend_0.png - If we're talking cars, the same car will usually cost more in Germany than it does in the US, despite the US buyer having a higher income: (Transportation section) https://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=United+States&country2=Germany https://www.numbeo.com/cost-of-living/compare_countries_resu...
  - j7ake 3y ago
    I’ll add that the average German in a major city like Berlin can be housed within walking distance to a local bakery, grocery, school/day care, and work. For Americans, long commute times from their presumably bigger homes is common..