General_Norris wrote:Ivo wrote:I'm sorry, I still don't see it! The minimum wage in Portugal is well below 1k EUR (currently the exchange rate is 1 Eur = 1.3 USD).
A note, the cost of living isn't proportional to exchange rates between different currencies. Your eurosalary is worth more than the dollarsalary equivalent.
Norris, why do you think so? I have the opposite impression.
I can't say much about housing costs as I don't know, but I think with all the "free space" in the "New World" compared to Europe I reckon the average will be cheaper housing in the U.S. (and from some values discussed in the thread that seems to be the case).
What I can say is that there is a lot of stuff that I KNOW is cheaper in the U.S. - fast food (check the Big Mac prices as a good example), food in the supermarket is probably about even if we go like-for-like but there is also stuff like ramen, which as I keep saying, I personally never saw anything that could pass off for a ready meal (just adding boiling water) in Europe for 1/4 of an Eur or less. I can find "just add water" meals or soups, but they are more expensive (possibly they are also a bit healthier!).
That also tends to go for stuff on amazon.com in general (with the lower VATs or equivalents)... There is the common joke that if something (consoles or videogames are often examples) costs X in USD, it will cost X in EUR over here.