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Labor > Working time to buy Stats: compare key data on Finland & United States

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Definitions

  • A car: Hours worked by average worker to buy a car. Indicative of the purchasing power of the currency of the country.
  • A refrigerator: Hours worked by average worker to buy a refrigerator. Indicative of the purchasing power of the currency of the country.
  • A television set: Hours worked by average worker to buy a television set. Indicative of the purchasing power of the currency of the country.
  • Beef: Number of minutes worked by average worker to buy one kilo of beef. The comparison of income levels only becomes meaningful if the cost of buying the necessities and luxuries of life is also considered.
  • Bread: Number of minutes worked by average worker to buy bread.
  • Chicken: Number of minutes worked by average worker to buy one kilo of chicken. The comparison of income levels only becomes meaningful if the cost of buying the necessities and luxuries of life is also considered.
  • Fish: Number of minutes worked by average worker to buy one kilo of fish. The comparison of income levels only becomes meaningful if the cost of buying the necessities and luxuries of life is also considered.
  • Milk: Number of minutes worked by average worker to buy 1 litre of milk.
STAT Finland United States
A car 1,681 hours
Ranked 2nd. 15% more than United States
1,459 hours
Ranked 8th.
A refrigerator 24 hours
Ranked 12th.
29 hours
Ranked 10th. 21% more than Finland
A television set 20 hours
Ranked 12th. 33% more than United States
15 hours
Ranked 13th.
Beef 41 minutes
Ranked 14th.
50 minutes
Ranked 11th. 22% more than Finland
Bread 8 minutes
Ranked 11th.
14 minutes
Ranked 2nd. 75% more than Finland
Chicken 14 minutes
Ranked 13th. 17% more than United States
12 minutes
Ranked 14th.
Fish 24 minutes
Ranked 14th.
58 minutes
Ranked 8th. 2 times more than Finland
Milk 3 minutes
Ranked 14th. The same as United States
3 minutes
Ranked 11th.

SOURCES: International Metalworkers' Federation, The Purchasing Power of Working Time 2002: An International Comparison of Average Net Hourly Earnings 2001 (International Metalworkers' Federation, Geneva, 2002)

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