Today, many people find it harder than ever to reach the American dream, which often includes owning a home, raising a family, and having a comfortable retirement. One major reason for this struggle is the rising cost of living. While wages increased during the pandemic, they were coming off a
This year, a record number of Americans are turning 65, and many are looking to retire in other countries. For these former U.S. residents, also known as “expats,” moving abroad seems like a great way to escape the high costs of living and healthcare in the United States. However, retiring
In California, reaching the top 1% of earners now requires an income of over $1 million a year, a dramatic increase from previous years. While the West Coast was expected to have the highest thresholds, surprising states like Connecticut and Massachusetts top the list. Despite the high costs of living
Explore how salaries vary drastically across 30 OECD countries in this eye-opening analysis. Visualized by Marcus Lu for Visual Capitalist, the data reveals surprising disparities from Luxembourg’s lavish earnings to Mexico’s stark contrasts. Adjusted for purchasing power parity (PPP), the findings showcase top-paying nations like the U.S. and Switzerland, where
