> It's unclear (but doesn't sound like it) if that number is adjusted for Cost of Living.
It is adjusted--per another OECD page, "This indicator is in US dollars per capita at current prices and PPPs".[0]
> In the US education, healthcare and transportation are significantly more expensive than in most OECD countries. For instance, it's pretty much unheard of across the OECD for education to cost tens to hundreds of thousands of USD and workers to start their work life with massive debts. Healthcare-related bankruptcies are also extremely rare outside of the US.
The Bureau of Labor Statistics says the average US household spends ~5K per year on healthcare. The median student loan debt is ~30K (so ~5K per year for 10 years), but only ~20% of Americans hold this debt. I'm not sure where you got the info about transportation cost differences, but I doubt it makes up the difference.
> Healthcare-related bankruptcies are also extremely rare outside of the US.
That's true! But then, only a small number of households experience this. Meanwhile, the average European has a huge amount of household debt--far more than the average American![1]
> And the work-life balance rating of 5.2/10 is pretty damning. What good is that extra money (if it's actually extra money and not going to savings to be able to afford the next surprise medical bill) if you have no holidays and have to work 80 hour weeks so it's actually impossible to spend it?
I'm sure it's convenient to pretend that working 80 hour weeks is normal in America, but it's... not. Also, unpaid vacation exists. Take it if you want it. It's nice to have options, huh?
[0]https://data.oecd.org/hha/household-disposable-income.htm
[1]https://data.oecd.org/hha/household-debt.htm#indicator-chart