this post was submitted on 16 Sep 2023
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Data Is Beautiful

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[–] [email protected] 39 points 1 year ago* (last edited 1 year ago) (2 children)

Worth mentioning that this looks to be based on mean salaries rather than median so your real world percentages would likely be higher.

[–] [email protected] 34 points 1 year ago (1 children)

The footnote explicitly says “median”. What makes you doubt that?

[–] [email protected] 10 points 1 year ago* (last edited 1 year ago) (1 children)

Calculating the UK out:

  • £799 for the phone
  • 2.91% of pay
  • Salary they calculated it at is £27,457

That sits abit lower than the median here in the UK but the mean is much higher

[–] [email protected] 12 points 1 year ago (1 children)

The UK government says the median household income is 32,349£, the mean is 39,328£ in 2022. Data from 2020: the median was 29,900£, while the mean was 36,900£.

In both cases the median comes way closer to the £27,457 you calculated than the mean.

[–] [email protected] 5 points 1 year ago

I assume it is based on net income, correct?