Poverty

[oldcolner]

There are several measures of poverty.

Relative poverty measures are used as official poverty rates by the European Union, UNICEF, and the OEDC. The main poverty line used in the OECD and the European Union is based on "economic distance", a level of income set at 60% of the median household income. However that means the poor in a rich country have much more than the poor in a poor country.

This one is based on assets

http://ec.europa.eu/eurostat/statist...ially_deprived


The severe material deprivation rate represents the proportion of people who cannot afford at least four of the nine following items:

having arrears on mortgage or rent payments, utility bills, hire purchase instalments or other loan payments;
being able to afford one week’s annual holiday away from home;
being able to afford a meal with meat, chicken, fish (or vegetarian equivalent) every second day;
being able to face unexpected financial expenses;
being able to buy a telephone (including mobile phone);
being able to buy a colour television;
being able to buy a washing machine;
being able to buy a car;
being able to afford heating to keep the house warm.

In the EU-28, 8.1 % (see Figure 4) of the population were severely materially deprived. The share of those severely materially deprived varied significantly among EU Member States. On one hand, 2.6 % in the Netherlands, 2.2 % in Finland, 2.0 % in Luxembourg, and only 0.7 % of the population was severely deprived in Sweden.
On the other hand, the deprivation rate was 22.2 % in Greece, 22.7 % in Romania and peaked at 34.2 % in Bulgaria.

So buying a phone, car and TV is as important as affording a meal!!

Anyway things are not that bad here on this measure and improving.



There are also social measures of poverty.

[Supersub6]

It is interesting to watch folk come out of a local foodbank and go straight into the bookies!
People plead poverty but still smoke, booze and gamble ---there is something wrong somewhere because, throughout my life, if I was hard up, the smoking and the boozing went out of the window and I have never gambled so that has never been a problem.

[The Bedlington Terrier]

The inequality stinks. It really does!

https://www.theguardian.com/money/20...test-hmrc-data

[oldcolner]

The inequality stinks. It really does!

https://www.theguardian.com/money/20...test-hmrc-data

Yes but London is hellishly expensive.

On housing
Blaenau Gwent in South Wales came out on top as the local authority that offers buyers the most space for their money, with an average price per sq ft of £79.

The comparison between this and the most expensive local authority – the London borough of Kensington and Chelsea – is astonishing. The going rate there currently stands at £1,328 per sq ft.

The ten local authorities where you can get the most for your money

10. County Durham – £101 per sq ft
9. Hyndburn – £99 per sq ft
8. Rhondda Cynon Taf – £98 per sq ft
7. Na h-Eileanan an Iar – £97 per sq ft
6. Neath Port Talbot – £97 per sq ft
5. North Ayrshire – £96 per sq ft
4. Merthyr Tydfil – £94 per sq ft
3. East Ayrshire – £91 per sq ft
2. Burnley – £87 per sq ft
1. Blaenau Gwent – £79 per sq ft




http://www.idealhome.co.uk/news/chea...BmZzbAR50YV.99


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[oldcolner]

Cost of Living Ranking in United Kingdom

(top cities by data quality)

Ranking City Price Index *
1st London 227
2nd Brighton and Hove 177
3rd Coventry 176
4th Cambridge 173
5th Oxford 172
6th Bristol 171
7th Portsmouth 166
8th Birmingham 161
9th Aberdeen 160
10th Reading, Berkshire 160
11th Edinburgh 157
12th Manchester 151
13th Leicester 151
14th Newcastle upon Tyne 147
15th Ipswich 146
16th Leeds 145
17th York 145
18th Southampton 144
19th Belfast 141
20th Glasgow 139
21st Peterborough 138
22nd Kingston upon Hull 138
23rd Exeter 138
24th Sheffield 137
25th Nottingham 135
26th Cardiff 134
27th Liverpool 130