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by simonsarris
2251 days ago
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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... |
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