• ancap shark@lemmy.today
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    3 months ago

    Not related, but I find it wild how $11/ hour can be low for someone in a first world country, while that would be life changing for someone in a developing country (I for once make a less than $5/hour, converting from local currency, and that is already relatively high around here, a lot of people make $2/hour)

    I’m not saying that you should be satisfied earning $11/hour, I’m just saying how strange it is that, even earning roughly 5x more, you guys struggle to pay the bills all the same

    • stelelor@lemmy.ca
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      3 months ago

      That’s because the cost of living is a bitch. We may make 5x more but our bills might be 7x more than yours, so overall we’re worse off.

      • ancap shark@lemmy.today
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        3 months ago

        Yeah, I’m aware. Monthly (very basic tho) food is $40–$80 (converting from local currency) per person. Rent is $200–300 for a 2 bedroom basic apartment.

        At the same time, “luxury” things are way more expensive here. Smartphones, computers and cars, for instance, are almost 2x the price. Shoes and clothes that are beyond expensive here are normal in the US.

        So our cost of living is way cheaper, but our purchase power is lower still. If you can work remotely, you are paid in dollars, and can travel to the US to buy things, you can live a very comfortable life here with an income that you would struggle in there.

        PS: I’m using $1 = R$5, which is not true, because our currency is dying. Using more updated prices only make the discrepancy even greater

        Edit: weird subscript syntax the tilde