US Budget vs Taiwan Budget

A resource forum for those interested in buying, selling, or developing a business; for questions about retirement plans; investing and basically any aspect of acquiring, keeping and increasing one's personal stash of filthy lucre.

Moderator: Charlie Phillips

US Budget vs Taiwan Budget

Postby SillyWilly » 07 May 2012, 22:35

US$46,000 is roughly the median household income in the US so it's a good number to try and compare. The budget is for someone living in California. Mandatory federal/state taxes and entitlement programs equal about $1000 US, or 26% of gross income. That seems high for a median income! :loco:
Many families live on this amount. In fact, this works out to be about $11 per hour for 2 full-time workers or one worker pulling in $22 per hour. Here's the full budget:

Image

Using an exchange rate of 29.5, the net take-home pay would equal NT$85,550. :discodance: That's on the high side for buxiban teachers. The real question is: How far can you stretch that NT$85,550 in Taiwan?
Can you buy more or less with it compared to the States, if you want the same standard of living?
Forumosan avatar
SillyWilly
Shoe-wielding Legislator (huīwǔ xiézi de lìfǎ wěiyuán)
Shoe-wielding Legislator (huīwǔ xiézi de lìfǎ wěiyuán)
 
Posts: 272
ORIGINAL POSTER
Joined: 12 Jan 2012, 12:29
1 Recommends(s)
5 Recognized(s)



FRIENDLY REMINDER
   Please remember that Forumosa is not responsible for the content that appears on the other side of links that Forumosans post on our forums. As a discussion website, we encourage open and frank debate. We have learned that the most effective way to address questionable claims or accusations on Forumosa is by engaging in a sincere and constructive conversation. To make this website work, we must all feel safe in expressing our opinions, this also means backing up any claims with hard facts, including links to other websites.
   Please also remember that one should not believe everything one reads on the Internet, particularly from websites whose content cannot be easily verified or substantiated. Use your common sense and do not hesitate to ask for proof.



Proceed to Money



Who is online

Forumosans browsing this forum: Exabot [Bot] and 1 visitor

Who well lives, long lives; for this age of ours should not be numbered by years, days, and hours -- Guillaume de Salluste Du Bartas, Divine Weeks and Works, 1578