Master EcoModder
Join Date: Dec 2011
Location: New Zealand
Posts: 5,142
Thanks: 2,930
Thanked 2,604 Times in 1,619 Posts
|
Some fun country-comparison statistics, all in US dollars:
Big Mac Index - the USA is #7 at $5.58. New Zealand is #14 at $5.04. (indicates cost of living)
GDP per capita - The USA is #7 at ~$70,000. NZ is #22 at ~$48,000.
Average individual income - USA $65,400 , NZ $61,000usd
Median individual income - USA $31,000, NZ $38,500
Average individual wealth - USA $551,000, NZ $389,000
Median individual wealth - USA $107,000, NZ $193,000
Average Paid Vacation days - USA 11, NZ legal minimum 20 (can't find average but it's higher)
Average Sick Days - USA 8, NZ legal minimum 10
Public Holidays - USA 6, NZ 11 (legally required)
Ease of doing business index - USA #6, NZ #1 - New Zealand has 3x as many (per capita) business owners.
Corruption Index (perceived) - USA #24, NZ #2 (down from #1)
Life Expectancy - USA 77.28 years, NZ 82.06 years
Crime Rate Index - USA 47.71, NZ 42.88 (lower is better)
Average individual healthcare expenditure - USA $12,900, NZ ~$1,250
Average commute distance - USA 41 miles, NZ 14 miles
Average car insurance cost - USA $2150 PA, NZ $480 (optional)
Average fuel cost per gallon - USA $3.50 gas $4.25 diesel, NZ $5.40 gas $4.50 diesel
Average electricity cost - USA 23c/kwh, NZ 18.5c/kwh
Average food cost per month - USA $415.50, NZ $181.25
Average used car cost - USA $28,100, NZ $7,875
Current unemployment rate - USA 3.9%, NZ 3.6%
Percent immigrants - USA 13.6, NZ >23%
Overall workforce participation rate - USA 62.7%, NZ 71.8%
Child Poverty Rate - USA 16%, NZ 12% (but calculated differently)
-Note, all parents get a stipend, and all dental care up to age 18 is covered under the national system
Maternity Leave - USA 0 required, NZ 26 weeks paid either parent (or split)
~
Income tax rate:
USA federal tax brackets including SS and medicare:
17.65% up to 11k
19.65% up to 44k
29.65% up to 95k
31.65% up to 180k
39.65% up to 231k
42.65% up to 578k
44.65% 578k+
Including Oregon (as an example) state income tax, in a simplified form (the brackets don't line up with federal):
24.4% up to 11k (effective rate is less)
28.4% up to 44k
38.4% up to 95k
41.55% up to 180k
49.55% up to 231k
52.55% up to 578k
54.55% 578k+
NZ tax brackets:
10.5% up to ~$10k USD
17.5% up to ~33.5k USD
30% up to ~49k USD
33% up to ~115k USD
39% over ~115k USD
EDIT: Now, I'm aware that very few Americans actually pay taxes in the amounts prescribed by their brackets, but the effective tax burden is still higher.
Last edited by Ecky; 11-24-2023 at 06:53 PM..
|