Reply to post: Hello, cost of living difference???

Report: American tech firms charge Britons a thumping nationality tax

InsaneGeek

Hello, cost of living difference???

The UK minimum wage is £6.50 and US is £4.25, a difference of ~35%, rent prices are ~21% higher in the UK, the consumer price index (excluding rent) in the UK is ~30% higher than the US... Why would anybody think the UK and the US have the exact same purchasing power and expect there to be price parity between the two. Workers make more in the UK than the US, so the prices will be higher for similar things, you are not getting screwed over because you can buy something in another country for less; but if you really feel that way move there and take the pay cut only to find out that at the end of the day your buying power didn't really change.

http://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=United+States&country2=United+Kingdom

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