What? $50k is even in the richest European countries about as much as 2 people earn per year. €25k/year is the median, give or take 2k.
Subtracted are about 5k in taxes.
Yeah, European salaries across the board are generally lower than the US by quite a bit, but we also typically pay for a lot more services than Europeans do as generally a lot more is privatized (healthcare, etc.). $100k is typically what most middle class Americans are striving for in order to have a relatively “comfortable” life, buy a house, etc. (though honestly, the housing market today is so fucking insane that even that isn’t really enough to buy a house in many places now). The median household income in 2023 was $80,610, for reference.
What? $50k is even in the richest European countries about as much as 2 people earn per year. €25k/year is the median, give or take 2k. Subtracted are about 5k in taxes.
Crazy how expensive the US is…
Yeah, European salaries across the board are generally lower than the US by quite a bit, but we also typically pay for a lot more services than Europeans do as generally a lot more is privatized (healthcare, etc.). $100k is typically what most middle class Americans are striving for in order to have a relatively “comfortable” life, buy a house, etc. (though honestly, the housing market today is so fucking insane that even that isn’t really enough to buy a house in many places now). The median household income in 2023 was $80,610, for reference.