4 ms·
Sure, but how much of your wage do you spend buying electronics? The vast majority of my salary goes to fixed expenses like housing, food, healthcare, energy, a
by crote 1y ago
Sure, but how much of your wage do you spend buying electronics? The vast majority of my salary goes to fixed expenses like housing, food, healthcare, energy, and transport. Those are all highly location-dependent.
In location A you might spend 80% of your salary on fixed expenses, whereas in location B you only need to spend 20% of that same salary to pay for those expenses - leaving you with far more money for discretionary spending.
- koakuma-chan 1y agoFor sure, but that doesn't justify doing that per country. If you live in SF you could be spending 80% on fixed expenses, but I'm sure that in the US there are places where you could be spending 20%. This applies to other countries as well.
- crote 1y agoMost companies doing cost-of-living adjustment do it on a finer scale than just country. Someone in SF will indeed be paid more than someone in Dustbowl, USA.