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5 Comments
[Interactive version](https://themeasureofaplan.com/wealth-map/) with global map, scatterplot, and head-to-head country comparisons
The scatterplot chart compares incomes against cost of living for all 110 countries in the dataset. Each country is represented as a dot, where the dot is color-coded by world region and sized based on population.
All data is shown as a relative index, where the value for the United States equals 100. An index value of 120 means “20% higher than USA”, while an index value of 75 means “25% lower than USA”.
For example, average income in Switzerland is 19% higher than average income in the USA. However, cost of living is 26% higher in Switzerland. Therefore, on a purchasing power basis, people in Switzerland are ~6% poorer (they can buy less goods and/or save less than the average American).
Source: [WorldData.info](https://www.worlddata.info/cost-of-living.php) based on the year of 2023. This has been compiled based on data from the OECD, World Bank, IMF, and Eurostat
Tools used: d3.js, leaflet.js, javascript/html/css
Neat chart. Looks like tourism and opportunistic retirees are pushing up the cost of living in the Carribeans and other sunny places, without a commensurate increase in income (exception being Bermuda).
Really nice viz. d3 is a joy to use once you get past the initial learning curve
How about plotting the same chart but a mid performing income & pp country as index instead? Since USA is in the top 10, this is like creating a world map with USA in the center even though it splits other countries in half. The bottom performing countries are barely visible in this chart.
I really like the graphic and the data, but it would be much more fair to use a mid country as index. China, for example.
Norway, prepare yourselves for a flood of retired Americans.