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ralphmelish | 3 years ago

UK doesn't have 18% inflation, that is just a projection from Citigroup [0] (if gas prices continue to grow it will probably get there, like the rest of Europe). Inflation is at 10.1%.

I'm not sure why you say 'low salaries'. Adjusted by cost of living, salaries are not that low [1]. Median (removes those salaries from 'money laundering industries') salary in London is almost £39.7k [2]. Adjust that by cost of living, and it is higher than median income in San Francisco or NYC [3].

Infrastructure is miles better than the US. Public transport, while expensive, works quite well. The US has virtually no public transport whatsoever.

Housing and renting is expensive in every major city, it is not a problem exclusive to the UK.

[0] https://www.theguardian.com/business/2022/aug/22/uk-inflatio...

[1] https://neilkakkar.com/salary-calculator-by-city.html

[2] https://www.statista.com/statistics/416139/full-time-annual-...

[3] https://www.census.gov/quickfacts/fact/table/sanfranciscocit...

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claudiawerner|3 years ago

It's really not a great point to use London, by far and wide the only and biggest exception the rest of the market in the UK, to compare salaries for tech workers. You can earn quite a lot more adjusted for conversion and taxes pretty much anywhere in the US if you compare to someone living outside London. And even then, London rents (never mind houses) are ridiculously expensive.