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Real Hourly Minimum Wages Around The World

by lisamahapatra.
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Category: Digital Media, Wages & Income

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5 Responses to “Real Minimum Wages Around the World”

  1. Frilton Miedman says:

    Do these figures account for socialized healthcare/education across the globe?

    I ask, because our rate isn’t adjusted, while the others are, but we’re the only developed country without socialized healthcare/education….but it appears not to have been factored into our cost of living.

    At a rate of $7.25 in the U.S., the average cost per person for healthcare here is $8,500, and I’ll guess taxes that incorporate socialized healthcare are part of the adjustments elsewhere.

    Also, there’s socialized education, someone making $7.25 in the U.S. who wants to improve that is forced to loan, while other countries provide socialized higher education.

    Are these things factored above?

    • uncommon_cents says:

      I sense the answer to this question will render this map moot.

      The U.S. sits in the comfortable middle of the ranges given, but only because it ignores the #1 reason for bankruptcy in the U.S. – Healthcare. The #1 reason for bankruptcy in the U.S. isn’t even a possibility in other developed countries, yet we’re permanently stuck with it.

      We’re rearranging the chairs on the U.S. Titanic Health System as we speak, so I can only imagine it’ll be another 30 years before a politician even considers touching this subject again.

      • DeDude says:

        Yes it is a lot easier to live on a lower income when society provides basics such as health care, education and a decent pension. There should also be an accounting of taxes on the minimum wage salary.

  2. jbegan says:

    I’m pretty sure most part time minimum wage employees in the US wouldn’t gripe so much if aside from having the Aussie’s traditional 40 hour work week, they also had free health care. I’m not sure how any American minimum wage worker could afford even the nominal $200 per month charge, presuming they actually had it available..not to mention co-pays and medications etc. And God help the minimum wage worker in the US that doesn’t have it available through work. 50 years old or older? Pre-existing conditions? How about $600 per month? At 60, I cancelled my policy when it hit $1300 per month, and I don’t have any real issues.

  3. McDaniel says:

    Does the US Min Wage include employER paid wage taxes (SS, etc)? Just curious.