Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Recursion

(56,582 posts)
Thu May 19, 2016, 12:04 AM May 2016

Huh. The UK has a lower median income than Mississippi

Not sure what to make of that.

Mississippi's median income is $36K. The UK median income is $33K by exchange rate or $34K by PPP (with all the caveats that come with PPP calculations).

Not sure what to make of that.

12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Huh. The UK has a lower median income than Mississippi (Original Post) Recursion May 2016 OP
Mississippi 36k ? I don't think so....n/t jaysunb May 2016 #1
Household, not personal, in both cases (nt) Recursion May 2016 #2
Dunno, but they have health care in UK. elleng May 2016 #3
True; it's a trade I'd be happy to make Recursion May 2016 #4
Does sound surprising. elleng May 2016 #5
42 days Recursion May 2016 #6
Remind me to check weather when you're closer! elleng May 2016 #7
+1 uponit7771 May 2016 #8
One of those places has a bit more of a social safety net than the other. DavidDvorkin May 2016 #9
What exchange rate is employed under the PPP? JackRiddler May 2016 #10
Hence "all the caveats" Recursion May 2016 #11
The UK has the NHS and functional public transit Spider Jerusalem May 2016 #12

elleng

(130,865 posts)
5. Does sound surprising.
Thu May 19, 2016, 12:25 AM
May 2016

You're better situated to make comparisons, prolly.

When you coming 'home?'

 

JackRiddler

(24,979 posts)
10. What exchange rate is employed under the PPP?
Thu May 19, 2016, 01:44 AM
May 2016

Some questions I'd wonder about:

Is this the damned hamburger again? Cos that burger's always going to be cheaper in the U.S.

Does it account for housing costs, taxes, insurance premiums, total health care? What's the net disposable for each after those? Cost of education?

Recursion

(56,582 posts)
11. Hence "all the caveats"
Thu May 19, 2016, 01:50 AM
May 2016

It's whatever OECD uses internally. But I'm not even sure you can compare the purchasing power of money between a country with free-at-delivery healthcare and one without.

 

Spider Jerusalem

(21,786 posts)
12. The UK has the NHS and functional public transit
Thu May 19, 2016, 02:21 AM
May 2016

it's very possible for someone to not own a car and still get to and from work/school/shops/etc and people don't go bankrupt from medical expenses (or have to allocate part of their income to health insurance expenditures). Also even with higher energy costs someone in the UK probably has a lower electric bill--houses in the UK are generally smaller than in the US and pretty much no-one has air conditioning because you don't need it in a country where it rarely gets above 75F in summertime; try living without A/C in a Mississippi summer and see how long you last.

Latest Discussions»General Discussion»Huh. The UK has a lower m...