The Wealth of Nations: income vs. cost of living for 110 countries (interactive version in comments) [OC]



The Wealth of Nations: income vs. cost of living for 110 countries (interactive version in comments) [OC]

Posted by getToTheChopin

1 comment
  1. [Interactive version](https://themeasureofaplan.com/wealth-map/) with global map, scatterplot, and head-to-head country comparisons

    The scatterplot chart compares incomes against cost of living for all 110 countries in the dataset. Each country is represented as a dot, where the dot is color-coded by world region and sized based on population.

    All data is shown as a relative index, where the value for the United States equals 100. An index value of 120 means “20% higher than USA”, while an index value of 75 means “25% lower than USA”.

    For example, average income in Switzerland is 19% higher than average income in the USA. However, cost of living is 26% higher in Switzerland. Therefore, on a purchasing power basis, people in Switzerland are ~6% poorer (they can buy less goods and/or save less than the average American).

    Source: [WorldData.info](https://www.worlddata.info/cost-of-living.php) based on the year of 2023. This has been compiled based on data from the OECD, World Bank, IMF, and Eurostat

    Tools used: d3.js, leaflet.js, javascript/html/css

Leave a Reply