Post # 1
Another thread had me thinking how far your dollar goes.
To give an idea-
I live in Qld, Australia, 2 hours away from Brisbane
I earn roughly (not including bonuses) $42000 a year after tax
Min wage is around $23 I believe
I rent a 4 bedroom house with an office, 2 aircons, ceiling fans in every room, built ins in all bedrooms, Large backyard pets allowed, 20minute walk from town but on a quiet cuddlesack. I pay $1160 a month in rent.
milk i pay 99cents for a litre. 1 litre is 0.264172 gallons
Fuel (gas) i pay $1.55 a litre
bread is $1.10 a loaf
I cant think of any other common things to compare but feel free to add!!
Post # 3
@Pokemon: $1.55AUD a litre is like paying almost $6.50USD a gallon! Holy cow.
Post # 4
Minimum wage is $23/hr? That’s awesome! It’s about 1/3 as much in most parts of the US.
My husband and I make $170,000/yr before bonuses. We pay about $2,500 month for our 2 bedroom townhouse just outside San Francisco. It’s really nice, in a newly trendy area, but not in one of the top desireable areas (where we would have easily paid $3000-4000/mo for the same thing)
Milk is $3.99/gallon at the cheap stores and $4.99 at the nice stores.
The bread I buy is about $2.99
Gas is $4/gallon (most expensive in the lower 48 states, still doesn’t hold a candle to what the rest of the world pays)
Post # 5
@crayfish: earning 170k a year is wow to me, but then i look at it like your townhouse costs a fair bit more then my house. All in the cost of living lol
Post # 6
I live outside SF as well and sacrificed fun and good location for cheaper rent.
We live in a gated community in a not so nice town for $1695. Garage plus covered parking space, 2 bedrooom. no air (dont need it here). 950 sq fet
Gas is now about $3.70 per gallon.
We both commute an hour to work in opposite directions.
We make (OK not sure considering bonus) about 230K. We are pretty serious about savings so a lot of that goes to retirement/down payment savings.
When we have kids and want to buy in a half decent neighborhood we are looking at 850K minimum for a very small house. If we were to live here, which we do not plan on.
We dont really buy milk but I think the cheapest ais about 350 a gallong. organic is about $5
Mimimum wage in San Francisco I think is about mid $10.
Post # 7
I’ll check Japan today as I don’t buy gas, or drink milk.
Post # 8
I’m in a less expensive part of the US, when we were renting it was about $900/mo for a 2 bedroom apartment, gas is about $3.25 a gallon, and milk is about $4/gallon. We bake our own bread but flour is pretty cheap (less than $1/pound)
Our current mortgage is under $800 (30 yr fixed, tax, homeowners ins.) for a 3 bed/2.5 house with 2 car garage and a fenced yard. I think min wage here is $7.25 which is pretty terrible, so I’m really glad my Fiance has a good job (I don’t work).
Post # 9
I live in PA. Minimum wage is $7.25, so I’m thankful I make more than that at both jobs. I make approximately $35k between two jobs. $500 a month for my one bedroom apartment. Gas is like $3.47 a gallon and milk is around $4 a gallon.
Post # 10
I live in Northern VA
I earn $58kish BEFORE tax, 401k, insurance, etc.
Min wage is $7.25/hour
I rent a 1 bedroom apartment (less than 800 square feet) for $1300/month before utilities.
milk i pay $2-$3 gallon? (ETA: I actually have no idea b/c I never buy milk)
Fuel (gas) I paid $3.47/gallon last time I filled up
bread is $3-$4 a loaf. $2/loaf for cheap white.
Post # 11
I live in Toronto, Ontario Canada.
I earn roughly (not including bonuses) $35k per year after tax
Min wage is around $9.50/hr! Not good.
I rent a 1 bedroom plus den, top floor of a house house in a sought after neighborhood in uptown. Large backyard (Shared). 20 minute subway commute to work in the heart of the city. I pay $1450/month. This is cheap for my area…
milk. I only buy soy or almost milk and it is usually about $2.99-$3.25 for a carton.
Fuel (gas) is about 1.2 cents per litre
bread is $2.99 per loaf at a nice bakery.
Post # 12
Wow, it seems like the US is really bad with it’s min wage.
Post # 13
@housebee: yup! In the DC area, a person will have to work something like 250 hours per month to be able to afford a 2 bedroom apartment on min. wage.