Yeah, though to be fair, I think you pay a lot less taxes on those $14/hr in Sweden than you would in the us (like 18% effective tax rate, including payroll), and you get health insurance, pension, and vacation.
I think the reasons people move to cities in the US might not be the same as in the EU. Arguably quality of life peaks, in the US, in the surrounding suburbs of major cities. The closer you get to downtown the more expensive and the more difficult it is to do things.
In Europe I get the impression moving to larger cities actually does improve a lot of aspects of life on an individual basis.
For example, we have considered moving to New York or Chicago but what stops us is the amount of money needed and how difficult it can be just to keep up with a regular life in a city that dense and hostile.
Yeah, though to be fair, I think you pay a lot less taxes on those $14/hr in Sweden than you would in the us (like 18% effective tax rate, including payroll), and you get health insurance, pension, and vacation.
I guess they are a single issue resident.
Quality of life and purchasing power matters a lot for deciding where to live, it’s why a lot of people have moved to cities historically.
I do think that a lot of critics of European wages don’t really know all the factors that play into that, though. It’s not all about salary.
I think the reasons people move to cities in the US might not be the same as in the EU. Arguably quality of life peaks, in the US, in the surrounding suburbs of major cities. The closer you get to downtown the more expensive and the more difficult it is to do things.
In Europe I get the impression moving to larger cities actually does improve a lot of aspects of life on an individual basis.
For example, we have considered moving to New York or Chicago but what stops us is the amount of money needed and how difficult it can be just to keep up with a regular life in a city that dense and hostile.