Annual average gross salary in LA is $87,498, net $71,594. Median salary is $56,769 in LA, $57,247 in LA County. Average household income is $117,701 in LA, $120,272 in LA County
EU work immigration increased from 900,000 in 2020 to 1,250,000 in 2022. Poland leads with 447,225 work permits in 2022. Germany ranks second with 81,795 work permits in 2022
Finland leads EU in average wages, comparable to Germany and other prosperous countries. Government launched €560 monthly guarantee for unemployed Finns aged 25-58 in 2017. Official minimum wage is 1,800-2,000 euros per month before tax
US is world's 26th most expensive country to live in. Average American household spends $61,334 yearly. Housing costs account for 35% of average household income
Denmark has highest living standards and average salaries in EU. Unemployment rate is only 2-3%. Standard working week is 37 hours. Minimum wage is 110 kroner per hour (about 15 euros)
Cost of living measures money needed for basic expenses like housing and healthcare. Developed countries generally have higher costs than developing ones. Cities tend to have higher costs than rural areas. Cost of living is measured as index compared to baseline cities