Hacker News new | ask | show | jobs
by intended 2251 days ago
This is news to me that the German middle and Lower classes are relatively poor.

Who is this in comparison to?

Could you share where you got this info?

1 comments

I think its a very big mistake to attempt to quantify quality of life with the numbers below but I could see how someone could try to make the case that Germany is relatively poor vs the USA:

Germans are taxed much higher than people in the US: A tax rate of 42% on income over 57K euros, vs 22% in the US (and the US bracket tops out at 37% for 500K USD). Gross national income is lower, 54K in Germany vs vs 63K for USA (though still quite good). Other sites peg Germany as 82% the purchasing power of the US, though less cost of living. Yet many durable goods are much more expensive in Germany. Cars are ~28% more expensive, gas is more expensive, electronics are more expensive: iPad in the US costs $800 vs $950 in Germany. Utilities are 56% more expensive in Germany, clothing 40% more expensive.

Some stats: https://www.nationmaster.com/country-info/compare/Germany/Un...