The wage structure is very flat in my country, the average wage is only around 15% higher than the median. The median wage is very livable on. For essential or basic needs I would estimate you would only need ~70% of the median wage.
I appreciate that I could be biased, and my guesses could be off, but we're talking about almost a factor two here. If the numbers would be correct the average person does not even have enough money for the minimum essentials every month, which is extremely far from what I see and hear.
I appreciate that I could be biased, and my guesses could be off, but we're talking about almost a factor two here. If the numbers would be correct the average person does not even have enough money for the minimum essentials every month, which is extremely far from what I see and hear.