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It's similar, in relative terms. In France the minimum wage is currently at 75.5% of the median, in Portugal it is 73.1%. However, the issue lies in the absolu
by spookie 2y ago
It's similar, in relative terms. In France the minimum wage is currently at 75.5% of the median, in Portugal it is 73.1%.
However, the issue lies in the absolute amounts. In France, the median (monthy) is 2340€, but in Portugal it is 1039€.
When you are taxed in relative terms this amounts to quite a big difference when comparing what both government get from their citizens.
I concur that France's cost of living is higher and that I'm wayyyy oversimplifying it.