Comment by pvtmert

interesting to see Turkey is leading the list. Although it is well known that Turkey is overall cheap compared to the Europe in terms of basic goods, apparently inflation on the minimum wage is greater than the inflation of the basic goods. However, I would like to note that cheapest of the cheapest things you can get in Turkey will have significantly less quality than European counterparts. Even the "rejects" from EU being sold in internal market. This includes produce with risky levels of GMO. I think the "Big-Mac Index" would have a comparable result. Just divide minimum wage into how many meals per month (30 days * 3 meals-per-day = 90 meals-per-month) times Big-Mac price. (~6 euros?). So, 540 euros. Given ~12.82 euros minimum wage in Germany (gross), you gotta work 540 / 12,82 = ~42,122 hours per month. Which slightly above 1 week given 40h work-week or the "German" way, ~6 days with 35h work-week...