Hinweis: Dies sind nationale Durchschnittswerte. Offensichtlich kann es variieren. Besonders in den USA, wo große Küstenstädte wie New York, Los Angeles, San Francisco und Miami auf ähnlichem Niveau mit Australien sind.
As you noted pointless to blend many of the countries as NYC is different that rural Nebraska.
Also average is rough due to super high earners, median would make more sense.
Finally, why 2 bed… I get along fine with just 1 even with a high income (saving / compound interest FTW).
BeginningDelicious99 on
Compared to Australia, Canada doesn’t look that bad. I thought Canada is basket case at this point as far as housing is concerned.
amoral_ponder on
Average what – household pre-tax salary? Dumb. In US, taxes are much lower than Canad for example.
aksolo420 on
Sorry but this isn’t anywhere close to being accurate unless you include things like income taxes, and the effect of writing off mortgage payments against income (as they do in the US)
mt-egypt on
This doesn’t really pass the sniff test for me
meothfulmode on
This is useless data for the U.S. because outside of condos you cannot purchase apartments in the united states.
jim_uses_CAPS on
Averaging salary and costs gives you little to nothing to actually work with. Elon Musk isn’t buying a dive house in Detroit.
Objective_Run_7151 on
I love this sub. No matter what you post, the statistically illiterate will attack it. This shows what it shows. Yes it could show something different (pretax vs post-tax, exclude NYC and London, account for the number of power points per room, adjust for the color of the roof). But y’all are attacking a chart for presenting data. You don’t like the data. You might present different data. But does this coherently present what it presents – yes.
RMillz on
Every time I see salary comparisons with other countries like this I can’t help but think how American healthcare costs, retirement contributions, childcare costs, elderly care costs, lack of maternity and paternity leave, lack of sick leave, and lack of vacation time is never factored in, the lack of affordable public transit in most of the country…etc.
Our salaries are higher, sure. Our take home income after everything else is considered is surely not. Almost nothing is tax subsidized nearly as much for us as it is in other countries.
It’s skewed. There are too many hidden costs that are left unmentioned.
hardleft121 on
this data is not beautiful
etzel1200 on
How does australia function?
SyrupyMolassesMMM on
Iiiii, just dont think this ‘average annual salary’ metric tells us anything of interest. I expect its a weird measure that counts everyone in a household, or counts people working any hours as full time or something. Shit or even retirees, who grt means tested in aus.
Theres no WAY NZ is that close to Australia on any kind of basis. Theres no way the UK is that close to Aus.
Nope_______ on
Reddit really isn’t going to like this.
Jayswag96 on
There’s no way Australia is that high?!
iwasnotarobot on
As a Canadian who has been füçked by the housing squeeze, all I can say is WTF, Australia?
Where are your torch and pitchfork brigades?
sandwichjuice on
What is that number above the orange column supposed to represent? The title is 2-bedroom apartment, but even in the worst year, there absolutely no world where the average monthly rent for a 2-bedroom apartment in the US is $***228,000***/month.
Precious-Benefit-489 on
One of the worst graphs I’ve seen here. Most people should never use a log graph.
DrTommyNotMD on
In rural areas in the US people have vastly higher buying power than the previous generation. In cities it seems not so much.
My parents bought a home for roughly 4x their salary in 1980 (85k). Today, that same home wouldn’t even be worth 4x what a gas station pays (180-190k). This is rural AF WV though.
In northern Virginia that home would run 2M plus given the 2 acres of property around a mediocre 1800sq ft home.
Bubbafett33 on
This is why God created Median.
majwilsonlion on
You can’t use Average salaries. You need to use Median. Averages are heavily scewed by the 1%.
Miserable_Corgi_764 on
I know most of Australia is not habitable, but they still should have a lot of open land compared to the UK
EvokeNZ on
city-centre 2 bed flat is not what an average person in NZ would buy. most people live here in houses, all first home buyers would be trying to buy a house (in fact, banks require a significantly higher deposit to lend for an apartment as they have no land value or some are on leasehold title which can be unpredictable). here’s a source from the company that sets NZ house rates (i think they’re called land taxes in us?), so pretty authoritative. [https://www.qv.co.nz/price-index/](https://www.qv.co.nz/price-index/) (google tells me 909k nzd is 539k usd)
average nzd salary is about 70k, which is 41k in usd.
so the ratio is about 13x, not 4.3
tomtomtomo on
Log(y) was a strange choice
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As you noted pointless to blend many of the countries as NYC is different that rural Nebraska.
Also average is rough due to super high earners, median would make more sense.
Finally, why 2 bed… I get along fine with just 1 even with a high income (saving / compound interest FTW).
Compared to Australia, Canada doesn’t look that bad. I thought Canada is basket case at this point as far as housing is concerned.
Average what – household pre-tax salary? Dumb. In US, taxes are much lower than Canad for example.
Sorry but this isn’t anywhere close to being accurate unless you include things like income taxes, and the effect of writing off mortgage payments against income (as they do in the US)
This doesn’t really pass the sniff test for me
This is useless data for the U.S. because outside of condos you cannot purchase apartments in the united states.
Averaging salary and costs gives you little to nothing to actually work with. Elon Musk isn’t buying a dive house in Detroit.
I love this sub. No matter what you post, the statistically illiterate will attack it. This shows what it shows. Yes it could show something different (pretax vs post-tax, exclude NYC and London, account for the number of power points per room, adjust for the color of the roof). But y’all are attacking a chart for presenting data. You don’t like the data. You might present different data. But does this coherently present what it presents – yes.
Every time I see salary comparisons with other countries like this I can’t help but think how American healthcare costs, retirement contributions, childcare costs, elderly care costs, lack of maternity and paternity leave, lack of sick leave, and lack of vacation time is never factored in, the lack of affordable public transit in most of the country…etc.
Our salaries are higher, sure. Our take home income after everything else is considered is surely not. Almost nothing is tax subsidized nearly as much for us as it is in other countries.
It’s skewed. There are too many hidden costs that are left unmentioned.
this data is not beautiful
How does australia function?
Iiiii, just dont think this ‘average annual salary’ metric tells us anything of interest. I expect its a weird measure that counts everyone in a household, or counts people working any hours as full time or something. Shit or even retirees, who grt means tested in aus.
Theres no WAY NZ is that close to Australia on any kind of basis. Theres no way the UK is that close to Aus.
Reddit really isn’t going to like this.
There’s no way Australia is that high?!
As a Canadian who has been füçked by the housing squeeze, all I can say is WTF, Australia?
Where are your torch and pitchfork brigades?
What is that number above the orange column supposed to represent? The title is 2-bedroom apartment, but even in the worst year, there absolutely no world where the average monthly rent for a 2-bedroom apartment in the US is $***228,000***/month.
One of the worst graphs I’ve seen here. Most people should never use a log graph.
In rural areas in the US people have vastly higher buying power than the previous generation. In cities it seems not so much.
My parents bought a home for roughly 4x their salary in 1980 (85k). Today, that same home wouldn’t even be worth 4x what a gas station pays (180-190k). This is rural AF WV though.
In northern Virginia that home would run 2M plus given the 2 acres of property around a mediocre 1800sq ft home.
This is why God created Median.
You can’t use Average salaries. You need to use Median. Averages are heavily scewed by the 1%.
I know most of Australia is not habitable, but they still should have a lot of open land compared to the UK
city-centre 2 bed flat is not what an average person in NZ would buy. most people live here in houses, all first home buyers would be trying to buy a house (in fact, banks require a significantly higher deposit to lend for an apartment as they have no land value or some are on leasehold title which can be unpredictable). here’s a source from the company that sets NZ house rates (i think they’re called land taxes in us?), so pretty authoritative. [https://www.qv.co.nz/price-index/](https://www.qv.co.nz/price-index/) (google tells me 909k nzd is 539k usd)
average nzd salary is about 70k, which is 41k in usd.
so the ratio is about 13x, not 4.3
Log(y) was a strange choice