Originally Posted by
Kitdy
At 18/hr, the average Canadian would make $2880 a month, for 4 weeks, 40 hours a week, which is 1830 Euros. Then again, that's blue collar versus average, we need both to be average. Minimum wage in Ontario is $8.75, so that'd work out to $1400 or 891 Euros a month.
What's minimum wage in Italy say?
I think it's something like 6 or 7 € per hour.
Originally Posted by
Ferrer
Alright, I think I've worked this out.
The data is from 2004, but we'll use that for a rough estimate. GDP PPP per capita is measured in international $. To convert other currencies to intl. $ you must use the PPP. For 2004 we have this figures for the US, Canada and Spain.
US: 36.098,15 intl. $ (1,00)
Canada: 28.397,69 intl. $ (1,26)
Spain: 20.976,63 intl. $ (0,84)
A Mustang GT costs 27.995 US $ (the same in intl. $), 37.000 Canadian $ (46.620 intl $). An Abarth 500 costs 18.500€ in Spain (15.540 intl $).
On that basis, it takes 0,78 years for an American to buy a Mustang GT, 1,64 years for a Canadian to buy a Mustang GT and 0,74 years for a Spaniard to buy an Abarth 500 on average.
So in fact it's you who are getting ripped off. And you've got worse roads.
Sounds good...what's GDP PPP?!
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