Their cost of living is comparable to their wages relative to the wester infaltion. Uruguay is experiencing the same hyperinflation and devaluing of current and realtime wage growth, with the same extreme living pressures we are experiencing here. Except, they don't have national purchasing power to import into the country most goods they can't produce themselves.
If anything its worse there than in Melbourne or Berlin, because Uruguayan rent is 1/3 cheaper than our rent but the exchange change rate is 30x worse.
UYU 23,604 / 4.3 weeks (average weeks in a month) The median weekly employee earnings in Melbourne was $1,396 = 37,484.204 Uruguayan Pesos
Therefor their wage is 62% of a median salary in Melbourne, their rent is reflected by approximately a decrease in rent by 30%. They are experiencing the exact same living pressures.
UncleDoug 0 points 4 hours ago
What's your point?
1 AUD = 27.139 UYU
1 DEM = 23.4713 UYU
Their cost of living is comparable to their wages relative to the wester infaltion. Uruguay is experiencing the same hyperinflation and devaluing of current and realtime wage growth, with the same extreme living pressures we are experiencing here. Except, they don't have national purchasing power to import into the country most goods they can't produce themselves.
If anything its worse there than in Melbourne or Berlin, because Uruguayan rent is 1/3 cheaper than our rent but the exchange change rate is 30x worse.
UYU 23,604 / 4.3 weeks (average weeks in a month)
The median weekly employee earnings in Melbourne was $1,396 = 37,484.204 Uruguayan Pesos
Therefor their wage is 62% of a median salary in Melbourne, their rent is reflected by approximately a decrease in rent by 30%. They are experiencing the exact same living pressures.
Are you going to Sundance kid to Río de la Plata?