| Totally fair—here are the data and components: Basket (single renter, new lease): 1-BR market rent, basic utilities, staple groceries (~2.1–2.4k kcal/day), local monthly transit. Formula: hours = monthly basket price ÷ typical net hourly pay. Sources: Prices via World Bank ICP 2021 component parities (plus local operator fares for transit, tariffs for utilities, and rental medians/listings where available). Pay via OECD Taxing Wages (net) for OECD countries; ILOSTAT gross series as a clearly-flagged proxy elsewhere. Data files (with country rows you can check): Global table: https://www.thepricer.org/wp-content/uploads/2025/10/wtei_pu...
OECD slice (net pay, full range): https://www.thepricer.org/wp-content/uploads/2025/10/wtei_oe...
Extended (gross-basis, non-comparable): https://www.thepricer.org/wp-content/uploads/2025/10/wtei_ex... I’ll add a small component breakdown table under the chart (rent/utilities/food/transit per country) so you can see exactly what influences the hours. If you have a better official rent/utilities series for a specific country, link it and I’ll rerun that row and note the change. |
In what currency is the basket_month_local(5874.057235184511)? Or is it somehow modified value?
The value just seems wrong as it is significantly higher than median. 3584€ in 2023...