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
Neat chart. Looks like tourism and opportunistic retirees are pushing up the cost of living in the Carribeans and other sunny places, without a commensurate increase in income (exception being Bermuda).
earthWindFI on
Really nice viz. d3 is a joy to use once you get past the initial learning curve
Greblock on
How about plotting the same chart but a mid performing income & pp country as index instead? Since USA is in the top 10, this is like creating a world map with USA in the center even though it splits other countries in half. The bottom performing countries are barely visible in this chart.
I really like the graphic and the data, but it would be much more fair to use a mid country as index. China, for example.
tcorey2336 on
Norway, prepare yourselves for a flood of retired Americans.
5 Comments
[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
Neat chart. Looks like tourism and opportunistic retirees are pushing up the cost of living in the Carribeans and other sunny places, without a commensurate increase in income (exception being Bermuda).
Really nice viz. d3 is a joy to use once you get past the initial learning curve
How about plotting the same chart but a mid performing income & pp country as index instead? Since USA is in the top 10, this is like creating a world map with USA in the center even though it splits other countries in half. The bottom performing countries are barely visible in this chart.
I really like the graphic and the data, but it would be much more fair to use a mid country as index. China, for example.
Norway, prepare yourselves for a flood of retired Americans.