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Wirtschaft der Türkei - Türkiye Ekonomisi - Economy of Turkey

European Countries by Income, Adjusted for Living Costs​

Data


european-countries-by-income-adjusted-for-living-costs-v0-r026gccpd49f1.jpeg
r/Turkey - European Countries by Income, Adjusted for Living Costs


Key Takeaways​

  • This graphic compares 30 European countries by income, before and after cost of living adjustments.
  • Family income in Switzerland is the highest in Europe at €179,000/year (after taxes and social security).
  • It’s lowest in Türkiye at €23,000/year.
  • However, adjusted for living costs, income falls considerably in Switzerland and triples in Türkiye.
The infographic compares 30 European countries by income (after taxes and social contributions), and then adjusts these figures for local prices using Purchasing Power Standard (PPS).

PPS is an artificial currency created by the EU to enable cross-country comparisons. Theoretically, 1 PPS buys the same goods and services everywhere.

Ranked: European Countries With the Highest Incomes in 2025​

  • Switzerland ranks first in nominal income:
    • €178,553/year
    • 100,777 PPS after cost of living adjustment
    • Still ranks #1 even in PPS terms
  • Türkiye ranks last in nominal income:
    • €22,880/year
    • 72,731 PPS after adjustment — more than triple its nominal value
    • Climbs to near the top in real income terms, close to Ireland
  • Ireland:
    • €95,776/year (nominal)
    • Around 70,000 PPS, similar to Türkiye
    • Despite earning over 4x more nominally, the purchasing power is nearly equal

Why is this interesting?​

Because beneath that parity lies a tale of two very different economies:

What Ireland and Türkiye’s Incomes Tell Us About Their Economies​

  • Ireland:
    • High nominal income driven by multinational tech/pharma profits
    • National income is inflated by tax haven dynamics
    • Actual household income distribution is uneven
    • High cost of living: rent, childcare, and fixed expenses erode real income
  • Türkiye:
    • Low nominal income due to runaway inflation and currency devaluation
    • Daily essentials (street food, local transit, groceries) remain affordable
    • Cost of living is low, offering a better standard of living than numbers suggest
    • Lifestyle: Lower wages but more accessible daily life essentials
 
speedy123 schrieb:

European Countries by Income, Adjusted for Living Costs​

Data


european-countries-by-income-adjusted-for-living-costs-v0-r026gccpd49f1.jpeg
r/Turkey - European Countries by Income, Adjusted for Living Costs


Key Takeaways​

  • This graphic compares 30 European countries by income, before and after cost of living adjustments.
  • Family income in Switzerland is the highest in Europe at €179,000/year (after taxes and social security).
  • It’s lowest in Türkiye at €23,000/year.
  • However, adjusted for living costs, income falls considerably in Switzerland and triples in Türkiye.

The infographic compares 30 European countries by income (after taxes and social contributions), and then adjusts these figures for local prices using Purchasing Power Standard (PPS).

PPS is an artificial currency created by the EU to enable cross-country comparisons. Theoretically, 1 PPS buys the same goods and services everywhere.

Ranked: European Countries With the Highest Incomes in 2025​

  • Switzerland ranks firstin nominal income:
    • €178,553/year
    • 100,777 PPS after cost of living adjustment
    • Still ranks #1 even in PPS terms
  • Türkiye ranks lastin nominal income:
    • €22,880/year
    • 72,731 PPS after adjustment — more than triple its nominal value
    • Climbs to near the top in real income terms, close to Ireland
  • Ireland:
    • €95,776/year (nominal)
    • Around 70,000 PPS, similar to Türkiye
    • Despite earning over 4x more nominally, the purchasing power is nearly equal

Why is this interesting?​

Because beneath that parity lies a tale of two very different economies:

What Ireland and Türkiye’s Incomes Tell Us About Their Economies​

  • Ireland:
    • High nominal income driven by multinational tech/pharma profits
    • National income is inflated by tax haven dynamics
    • Actual household income distribution is uneven
    • High cost of living: rent, childcare, and fixed expenses erode real income
  • Türkiye:
    • Low nominal income due to runaway inflation and currency devaluation
    • Daily essentials (street food, local transit, groceries) remain affordable
    • Cost of living is low, offering a better standard of living than numbers suggest
    • Lifestyle: Lower wages but more accessible daily life essentials
Zum Vergrößern anklicken....
Die dörkische Wirtschaft ist informell. Das heisst, ohne Steuern und Regulieren was das Leben günstiger macht. Anders ausgedrückt für unsere Dörken: Steuern zahlen ist in der Dörkei nur was für Idioten ohne Beziehungen.

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