each column is a ranking of expense categories for a generation in terms of money spent per year (in recent years NOT when the generations were of equivalent age).
the rows represent the ranking number but it is very confusing because the labels on the rows are for silent generation only and not the other generations and the lines would lead you to intuitively think they are changes in dollar amounts but are actually changes in ranking.
(in recent years NOT when the generations were of equivalent age).
Damn I misread it. That would have been really interesting tho. Depressing too probably
Thank god I'm not alone.
I had a terrible moment where I wondered if I had middle-aged senility. I thought I was looking at a chart other people could understand but for me it was numerical mass of confusion.
GraphTech was a mistake.
I have no idea what the bizarro world inforgraphics are called so I made up a term.
GraphTech is a Canadian aftermarket guitar hardware manufacturer who mostly specializes in Teflon-impregnated synthetic bone used for nuts and saddles. They also make some amazing -- albeit overpriced -- tuning machines that use gear ratios matched to specific string gauges, so that you have a consistent number of turns for each tuning peg. This makes tuning super heavy gauge strings (e.g., a 65 gauge low "E" string [that is downtuned to C or C#] or the low B string on a 7-string, etc.) much less twitchy because of the much shorter gear ratio for those strings (e.g., 39:1 instead of the usual 18:1 or 16:1). It's pretty helpful for keeping things in tune when you do multiple takes or overdubs.
On-topic, the infographic in the OP is the result of the unholy union of "graphic design is my passion" and data visualization nerds not being bullied enough.
Obviously we don't know what exactly is included in this infographic (bills are suspiciously absent) but the fact that the average person in this country spends around $2k per month on housing is bonkers. I thought maybe that was a mean value and billionaires could be throwing it off, but that's apparently the median. I would have figured that cheaper COL areas would bring that number down, but I suppose that's not the case anymore.
Around here the cheapest places are like $800 for a one bed one bath… And they keep getting bought out, demolished and replaced by luxury apartments that start at twice that.
And they keep getting bought out, demolished and replaced by luxury apartments that start at twice that.
"YIMBYs": "That's a good thing, actually. It will actually drive housing costs down because [thinly disguised trickle-down economics]."
If it makes that area more expensive, does it make the area the rich person would've otherwise lived at cheaper? Not talking about the insane apartments in London or New York that are for the ultra rich, but the normal apartment complex that is marketed as "luxury"
Right? Dorms here cost more than most rents! My friend was paying $1100 a month for a dorm where she had to share a bedroom
We had to buy a stupidly overpriced meal plan if we lived in a dorm and because of that it was cheaper for me to live in a studio by myself in the middle of a city with a serious housing shortage than to live with a roommate in a slightly larger studio with no bathroom or kitchen in the college town in the middle of nowhere.
Yeah that's around what I payed for a triple it was nuts
My god - the entire site is having an endless contest page after page to see who can come up with the world's most confusing infographics.
I mean it is called "visual capitalist" so it being the most market efficient method of turning your brain into scrambled eggs would be Apropos
I'm not sure what the hell is happening with the colored lines connecting things like a subway map, but I noticed what seemed like a weirdly low spending for housing on the Zoomer stats, and figured that could actually be somewhat explained by how many more people are living with their parents or other relatives nowadays because they can't even afford to live on their own.
Damn the average millennial makes $69 grand? I’m so fucked.
I mean it's the funny sex number, so, nice.
But shit, I wonder how it feels to earn that much. Probably like you actually have enough breathing room to enjoy appetizers with every meal out if you want instead of only on special occasions.
the average millennial Averages are influenced a lot by extreme outliers, so it's not a good metric for income. The median is better.
Still seems a little high, but the important thing to remember is that inequality will really skew this. one person making $1000000 and 30 making $34000 will have an average in mid-60k
probably unnecessary reminder that these kinds of statistics are less indicative of generational trends than of simple differences in age
Old people spend more on healthcare and young people spend more on education? :shocked-pikachu:
The free market thinks it's an efficient way to represent data, so you're a commie if you think otherwise
