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rnd33 | 4 months ago

I don't understand this data at all. All of the rich Western European countries has over 200h required work per month, but I don't know of anyone in my country (high or low income) working more than roughly 40h per week.

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JohnnyBrevo|4 months ago

On “average” wages: The chart uses a typical/median (net) hourly wage, not the mean. Means are pulled up by high earners, and many HN readers sit above the median. so your personal “hours to basics” will look lower than the chart. Using the mean would systematically understate hours for the typical worker, especially in unequal countries. Also note: the index assumes a single renter; couples/roommates or employer subsidies will reduce hours per person.

rnd33|4 months ago

The wage structure is very flat in my country, the average wage is only around 15% higher than the median. The median wage is very livable on. For essential or basic needs I would estimate you would only need ~70% of the median wage.

I appreciate that I could be biased, and my guesses could be off, but we're talking about almost a factor two here. If the numbers would be correct the average person does not even have enough money for the minimum essentials every month, which is extremely far from what I see and hear.