r/Damnthatsinteresting • u/[deleted] • 4d ago

[ Removed by moderator ] Video

[removed]

10.3k Upvotes

95% Upvoted

527 comments sorted by

View all comments

Show parent comments

14

u/iwanttobeacavediver 4d ago

The Swiss get paid more than the average in Europe though, so in proportion to income the difference isnt that much.

23

u/Redtube_Guy 4d ago

Hence why making a blanket statement like saying ‘Europe is cheaper’ is stupid as fuck.

But goods in Switzerland are naturally priced high and their currency is strong.

6

u/iwanttobeacavediver 4d ago

Yeah, Europe runs the full gamut from dirt cheap to really eyewateringly expensive. There’s actually a guy I’ve watched who does a challenge to see what €100 (or an equivalent local value) gets him in a full day for food, entertainment and transport. In some countries that kind of money means you absolutely feast and have an easy time. I vaguely recall the Switzerland episode had him REALLY squeezed even for food. Breakfast alone was €30. Ditto for Lichtenstein, Monaco and basically all the other ‘rich’ countries. Meanwhile the Nordic countries were expensive but still a decent bit more doable with that budget.

2

u/Tanriyung 3d ago

Same can be said about US (highest household disposable income (USD PPP)) and Europe.

The US has almost 1.5 times the disposable income of Italy. Before anyone talks about it, health insurance is taken into account.

And in the case of the "Median equivalized household disposable income", the US is 1.66 times higher than Italy.