Originally posted by Adrian Wallace:
..but then of course I'm not taking into account the cost of living in the area that the US$90K was quoted (area in fact wasnt specified). and I have no data to help me with that comparison.
Australia: 1 Corolla = 7000 BigMacs (btw: I'm guessing these)
UK: 1 Corolla = 10,000 BigMacs?
What about the exchange rate of Corollas->2Bedroom Apartments?
Do you think that any of these indicese are likely to be a more reasonable way to compare monetary amounts than these arbitrary currency units we currently use?
Originally posted by Jeroen Wenting:
Dave, you have a point but your comparison is wrong.
The person in the heart of the city has no funds to go to the cinema or those nice restaurants. His girlfriend left him because he can't doesn't give her a Cartier watch after once again his money runs out before he can pay the rent and he's evicted from his apartment.
Last night he was mugged walking home from work (he'd normally take his bike but that was stolen last week and he can't afford a new one) and now his boss is angry with him for loosing the company laptop and threatens to either fire him or charge it to his salary.
The person in the suburb twice a week takes the missus to a nice restaurant in the next village in their year old lease car. Meanwhile the friendly neighbours take care of the kids (and on other nights they return the favour).
Saturdays they take the kids to the movies in the city, taking the matinee to avoid the crowds and to allow mother to do some shopping for new clothes.
The megamarket is nearby and has the same food as the small stores in the city at prices that are 20-30% lower and if you want they can deliver at very reasonable prices.