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Labor > Working time to buy Stats: compare key data on New Zealand & 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 New Zealand United States
A car 1,175 hours
Ranked 12th.
1,459 hours
Ranked 8th. 24% more than New Zealand
A refrigerator 37 hours
Ranked 7th. 28% more than United States
29 hours
Ranked 10th.
A television set 20 hours
Ranked 11th. 33% more than United States
15 hours
Ranked 13th.
Beef 45 minutes
Ranked 13th.
50 minutes
Ranked 11th. 11% more than New Zealand
Bread 8 minutes
Ranked 10th.
14 minutes
Ranked 2nd. 75% more than New Zealand
Chicken 19 minutes
Ranked 11th. 58% more than United States
12 minutes
Ranked 14th.
Fish 48 minutes
Ranked 10th.
58 minutes
Ranked 8th. 21% more than New Zealand
Milk 5 minutes
Ranked 5th. 67% more than 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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