JensSpahnpasta@feddit.org to Europe@feddit.orgEnglish · 2 days agoDisposable Median Income adjusted for Purchasing Power Parityfeddit.orgimagemessage-square63fedilinkarrow-up1169arrow-down13file-text
arrow-up1166arrow-down1imageDisposable Median Income adjusted for Purchasing Power Parityfeddit.orgJensSpahnpasta@feddit.org to Europe@feddit.orgEnglish · 2 days agomessage-square63fedilinkfile-text
minus-squareHapankaali@lemmy.worldlinkfedilinkEnglisharrow-up29·2 days agoMedian household income isn’t the same as GDP per capita. Moreover, both the value of GDP and the correction for PPP are dependent on the methodology to estimate them.
minus-squaretal@lemmy.todaylinkfedilinkEnglisharrow-up26·edit-22 days ago Median household income isn’t the same as GDP per capita. On top of that, it’s also disposable median income, so accounts for taxes and such, which could also be a factor between high and low tax states.
minus-squareCanadaPlus@lemmy.sdf.orglinkfedilinkEnglisharrow-up5·edit-22 days agoAnd cost of living. I’m guessing that’s a big part of how Cyprus ends up with more disposable income than Italy.
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·edit-22 days agoI would think the normal number is average, but IDK? Normally median is specified as average is normally the default.
Median household income isn’t the same as GDP per capita. Moreover, both the value of GDP and the correction for PPP are dependent on the methodology to estimate them.
On top of that, it’s also disposable median income, so accounts for taxes and such, which could also be a factor between high and low tax states.
And cost of living. I’m guessing that’s a big part of how Cyprus ends up with more disposable income than Italy.
I would think the normal number is average, but IDK?
Normally median is specified as average is normally the default.
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