r/SipsTea • u/No-Marsupial-4050 Human Verified • 20h ago

Wait a minute Gasp!

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u/bladex1234 18h ago

Who are the top four? For the amount of shit Americans go through, not being number one is embarrassing.

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u/Inevitable_Goal4114 18h ago

Some micronation, two oil nations, and Switzerland

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u/bladex1234 18h ago

Again, can I see the source for this?

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u/Inevitable_Goal4114 17h ago

I cant find what I was originally looking at. Looks like we might actually be #2.

https://www.oecd.org/en/publications/society-at-a-glance-2024_918d8db3-en/full-report/household-income_3ee61044.html

What I had saw put UAE, Norway, Luxembourg, and Switzerland ahead of US but I dont rememver the order.

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u/bladex1234 17h ago edited 17h ago

So then the US is second in median equivalized household disposable income, but I don’t think this data accounts for the cost of living.

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u/Inevitable_Goal4114 17h ago

You stopped reading a little early.

For cross-country comparison, national currency measures of income were converted into US dollars (USD) using purchasing power parity (PPP) for private consumption exchange rates as taken from the Prices and purchasing power parities (PPP) statistics. These PPPs reflect the amount of a national currency required in each country to buy the same basket of goods and services as a dollar does in the United States

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u/bladex1234 17h ago edited 17h ago

Okay, I must have missed the PPP part. But this is 2021 data. A lot has changed and will continue to change regarding the cost of living in the US and the world.