greed and death wrote:Socialist Nordia wrote:https://en.m.wikipedia.org/wiki/List_of_countries_by_inequality-adjusted_HDI
I think this is a good metric for standard of living. 22 European countries rank above the US.
Thats inequality, nothing of absolute wealth.
A far better view is net disposable income.
https://www.numbeo.com/cost-of-living/c ... itemId=105
The Us ranks 8th, and the countries ahead of us typical are in volatile fields like mineral extraction (Norway, UAE, Austrailia) or in finance/money laundering market (Switzerland and Bermuda).
Also OECD ranks the US as highest. http://www.oecdbetterlifeindex.org/topics/income/ So the numbers have some variance based on methodology.
So the easy way to break it down is this. If you had a choice between living in Europe or living in the US you need look at yourself honestly and see where you will go. If you are likely to be above average the US is for you, if it is likely you will be below average than Europe is for you. Average I would still pick the US.
When deciding where you would live, you also have to consider non-financial things like which countries you think are pretty, what languages you speak, what foods you like, etc. Italy is a lovely place, and the year I studied there was an amazing experience, but not for economic reasons.





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