/biz/ - Business & Finance

>>53132755
What matters is disposable income. You also need to take quality of life into account. Those six figure salaries are only common in huge cities where people live like rats with streets full of tents and needles. The alternative to those cities is living in natural disaster areas.

t.estonian
average takehome pay less than 1300€ a month.
rent is 500, energy prices up hundreds of % so monthly energy bills are another 500-600€.
another 400 for food.
have to have another job just to pay for rent + energy (heating season is 8 months per year and no option to not pay) + food.
THERE IS NO DISPOSABLE INCOME.
impossible to save anything
rope is too expensive to kms

>>51193028
Dude, it's superbad.
Estonia's inflation was 25,2% by the end of August.
Energy prices up 300-800%
Natural gas has gone from 44 cents/m3 to 3.3€/m3 by mid-winter its gonna be 5€/m3
Electricity prices have gone from like sub 100€/mWh to 600-1000€/mWh, and peaks have been at around 4000€/mWh. Nord Pool will raise its price ceiling to 5000€/mWh.
Average take-home income per month is 1300€
I pay 500€ in rent + utilities. Last winter during the coldest months utilities was more than my rent.
2 years ago I paid 160€ MAX on the coldest months of January and February for my gas heating bill. This winter its going to be like 800-1000€ and I earn less than 1300€ a month.
Government will help to pay for some of it, but I dont know how I should survive.
60% of my income goes on rent
30% on food
10% on the internet and other random home expenses like toilet paper etc.
There is NO DISPOSABLE INCOME
While in Western Europe they get hit with the same energy prices, they still have like a 1000€ extra euros of disposable income to take in the hit, then here in the North-East part we just don't have that. I am deeply fucked.

>>50639329
>this entire thread
>ameripoors and europoors arguing who is poorer
>no mention of disposable income
The only metric that matters is: How much money can you save a month, and would you have to spend all of it on healthcare or education of children.