All in a day's pay

All in a day's pay How does the minimum wage vary across the world, and what can you buy for a day's work? How is income calculated? The daily essentials Food' Based on a family of four, with two working parents each earning minimum wage Rent Bills In the money Going broke Based on income needed for essentials Based on income needed for essentials Australia Kenya 1 Percentage of income Percentage of income Daily income needed for essentials needed for essentials $249.23 36% 354% Daily essentials $88.66 Daily essentials $35.22 Daily income $9.95 Germany 2 Russia 2 Percentage of income needed for essentials Percentage of income needed for essentials 36% 339% Daily income $181.33 Daily essentials Daily essentials $48.62 $65.27 Daily income $14.35 United Kingdom 3 India Percentage of income needed for essentials Percentage of income needed for essentials 52% 325% Daily income $170.49 Daily essentials $89.26 Daily essentials $17.02 Daily income $5.24 Israel 4 Mexico 4 Percentage of income needed for essentials Percentage of income needed for essentials 64% 283% Daily income $111.73 Daily essentials $71.48 Daily essentials $29.07 Daily income $10.28 USA Thailand Percentage of income needed for essentials Percentage of income needed for essentials 74% 193% Daily income $116.00 Daily essentials $85.91 Daily essentials $35.63 Daily income $18.47 The inequality of purchasing power A day's wage in Australia would cover a month's rent and bills in India... .but a day's wage in India will not even cover a cappuccino in Australia Daily minimum wage in Australia Daily minimum wage in India In Australia, a day's wage could buy the same coffee 41 times Total rent and bills for a month in India $124.61 $90.25 $30.86 $2.62 Rent Bills $121.11* Cost of a сappuccino in Australia *Based on a one- bedroom apartment outside of the city centre $3.03 Putting it in perspective USA Мexico A Days worked Local cost of Local cost of Daily income a pair of Levi's 501 Jeans a pair of Levi's 501 Jeans $58.00 $42.98 $40.84 Daily income $5.14 The US daily minimum wage will buy you a pair of Levi's jeans, with $17.36 change.. .but you'd have to work more than 8 days to do the same south of the border 1 Food essentials based on a basket of basic foods (1.25kg of white rice, eight eggs, one loaf of white bread, 200g cheese, 500g chicken, 500g tomatoes, 500g oranges and one lettuce) BBC iibstudio for CAPITAL Sources: The World Bank, Numbeo