It’s cause when you convert it into dollars it looks cheap but in their original country money it’s not
And it’s 200$
Yes. Matsusan is correct. Its not about the number. Its about PPP-purchasing parity power.
Example: In the US, 1 kg of potato may cost
2-3$, while in India it may cost less than 1/2$. In macroeconomics, its a metric by which we measure standard of living & eco. Productivity between countries.
Currently China has the highest PPP
Lol sorry for the eco lesson (￣∇￣")
Still I pay 2500 between me and my roommate per month for a 1000 sq ft 2br, $200/month, even weighted, is not horrible at all
Like I said in their country money it’s not the same, please read the comment under mine. I simply corrected you cause you said 150 :)
ok honestly tho? $150 a month for rent??? you could treat me however and I'd love it cuz like my god. in this economy?