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Subject: 
Cost of Lego vs. Cost of Living (was: A Parental Perspective)
Newsgroups: 
lugnet.general, lugnet.loc.au
Date: 
Wed, 19 Jul 2000 07:08:03 GMT
Viewed: 
1925 times
  
In lugnet.dear-lego, Deidre Rushton Brumby writes:
In lugnet.dear-lego, Mark Sandlin writes:

That's incredible. I pay $1120 per month for my 900 sq. ft. one-bedroom
home.

Maybe I should move to Australia... I'd have more money for Lego.   ;^)


You'd certainly need the extra money for the Lego! :)
Seriously, I wonder though how things such as salary compare (not
asking personally), what standard that home, location etc etc (I
presume that is $1120 US) BTW what's 900sq ft in metric?

That's about 84 square meters.

I don't know where Mark lives, but with rents like that, he probably lives in
some place with decent jobs.  For comparison, I was renting out a 2 bedroom 2
bath condo of the same size as Mark's house, for $1275 US in the Silicon Valley.
That's on the cheap side for here, other people I know are paying $1500 to $1600
per month for comparable lodgings.  Of course, the median family income in this
area is about $70000 US per year...

So, what's our metric?  Well, the current retail price for new Lego sets works
out to about $0.12 US per part.  If an average Silicon Valley family were to
spend its entire annual budget on Lego at retail price :^) :^) :^) , they could
buy approximately 583,000 parts.

I'm about to move to Baltimore, Maryland, on the other side of the country.  I
could rent lodgings to the above-mentioned condo for about $900 US per month --
about 70% of the Silicon Valley rent.  *Median* wages there are lower, however *
professional* salaries do not vary much around the country.  Thus, in order to
maximize Lego consumption, one should a) have a professional career, and b) live
somewhere where the housing costs are cheap.  :^)

For a family on a single average wage $175 AUS per week is a lot of
money (in Australia).

This sentence is not clear.  Are you saying that the median family income down
your way is $9100 AUS ($175 per week X 52 weeks)?  Or that $175 AUS per week is
just a lot to spend?

Deidre (just interested, not trying to start a standard of living flame
war!)
drb@tasmail.com

--
John J. Ladasky Jr., Ph.D.
Department of Structural Biology
Stanford University Medical Center
Stanford, CA 94305
Secretary, Californians for Renewable Energy <http://www.calfree.com>



Message has 2 Replies:
  Re: Cost of Lego vs. Cost of Living (was: A Parental Perspective)
 
(...) is (...) Sorry, I meant that $175 a week for a house (or Lego) is a lot to spend if you are an average Australian family on 1 income. The average income per household per week (before tax) across Australia in 97/98 was $658 ($34,216 pa), the (...) (24 years ago, 19-Jul-00, to lugnet.general, lugnet.loc.au)
  Re: Cost of Lego vs. Cost of Living (was: A Parental Perspective)
 
(...) Valley. (...) $1600 (...) Ouch that's pretty pricey. I guess I know why so many people are moving to Atlanta. I have a 3bed/2 bath 1800sq ft home for about $680 a month. I live about 25 miles from my office in Atlanta, closer I get of course (...) (24 years ago, 19-Jul-00, to lugnet.general, lugnet.loc.au)

Message is in Reply To:
  Re: A Parental Perspective on Juniorisation and Being the Strongest Brand
 
(...) You'd certainly need the extra money for the Lego! :) Seriously, I wonder though how things such as salary compare (not asking personally), what standard that home, location etc etc (I presume that is $1120 US) BTW what's 900sq ft in metric? (...) (24 years ago, 18-Jul-00, to lugnet.dear-lego, lugnet.general, lugnet.loc.au)

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