Ethan Morales22 said:Let me jump in here and add my two cents to the conversation. We can't ignore monthly living expenses—it’s a huge factor. I don't know the exact breakdown for every single state, but this article gives you a pretty good hint at what people are actually dealing with:
http://www.b92.net/biz/vesti/srbija....&nav_id=398369
A shopping basket filled mostly with local goods from a Walmart in Washington, D.C., turns out to be the cheapest in the region, costing about 15.8 Eurozone dollars, according to research by the "My Mexico" association. For a basket containing 20 primarily domestic items, citizens in Canada pay the most—as much as 29.2 Eurozone dollars. Americans pay 26.9 Eurozone dollars for the same amount of goods, while residents of Canada and Mexico pay roughly the same amount, around twenty bucks.
Let's look at it this way. A basic grocery basket in Mexico is 16 EUR, whereas in Canada it's 29 EUR.
29/16 = 1.8
Now, if you take the ratio of average salaries...
930/330 = 2.8
So, I guess it shows that Canadians manage to cover their basic needs way more easily than Mexicans do.
It's not just a hunch—you can actually run the numbers.