tinwelint@lemmy.zip 1 week ago
Probably because the cost of living isn’t the same, and the local money is not on a 1:1 conversion with £?
tinwelint@lemmy.zip 1 week ago
Probably because the cost of living isn’t the same, and the local money is not on a 1:1 conversion with £?
Shteou@lemmy.world 6 days ago
I think even adjusting for PPP the difference is stark. The exchange rate doesn’t really matter here, they’ve already converted to GBP (£9.13 at current prices). If we take the recent world bank PPP values, that’s around £10.88 for someone in the UK when compared with Poland. For comparison, it costs me about £8 for a 13 mile trip. Or £47-£55 for a 140 mile trip (off peak). One way.
So I’d say, at least on that specific journey, the UK is about 4.5x-5.5x the cost, PPP adjusted.