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What can you buy with your paycheque?

Happy young man showing check in his handsWhen you go shopping during the holiday season, you can’t help but look at prices and wonder where all your paycheque went this year. After all, if you look at your annual salary, you probably think you should be able to get a lot more for all the hours you work.

We thought it would be fun to put earnings into perspective to see what you can buy with your salary. We looked at a range of salaries for UK workers and to see just what items they could buy with their paycheques (if pesky bills like food, clothing, loans and other expenses didn’t get in the way).

Based on data from EMSI UK, a CareerBuilder company, we took the median hourly salary for these workers and assumed each worker has a 48-hour work week for 52 weeks out of the year (just to be on the safe side).  We realize this is an imperfect system but it’s a good estimate to accommodate for the varying schedules workers keep.

To do this, we chose 7 items: DVD box set of “Downton Abbey” (series 1-4) for £28, a hardcover collection of all 7 Harry Potter books for £90.93, a life-sized, 3D cardboard TARDIS from “Doctor Who” for £106, an Xbox one for £429.99, a 64GB iPhone in the color of your choice for £709, a year of tuition (not including accomodations) at University of Cambridge for £9000, and a car at the average price of £27219.

Let’s take a look at what workers at these salary levels can purchase if they spend a year’s salary on one item:

A director/chief executive of major organization who earns £51.55 per hour can buy…

4595 DVD box sets of Downton Abbey

1415 hardcover collections of all seven Harry Potter books

804 “Doctor Who” life-sized 3D cardboard TARDISes

299 Xbox Ones

181 64G iPhones

14 years of tuition at University of Cambridge

5 cars

1 house

An aircraft pilot who earns £40.32 per hour can buy…

3594 “Downton Abbey” DVD box sets

1107 hardcover collections of all seven Harry Potter books

629”Doctor Who” life-sized 3D cardboard TARDISes

234 Xbox Ones

142 64G iPhones

11 years of tuition at University of Cambridge

5 cars

A senior official in national government who earns £32.59 per hour can buy…

2914 “Downton Abbey” DVD box sets

897 hardcover collections of all seven Harry Potter books

510 “Doctor Who” life-sized 3D cardboard TARDISes

190 Xbox Ones

115 64G iPhones

9 years of tuition at University of Cambridge

3 cars

A police officer (inspector or above) who earns £30.37 per hour can buy…

2707 “Downton Abbey” DVD box sets

834 hardcover collections of all seven Harry Potter books

474 “Doctor Who” life-sized 3D cardboard TARDISes

176 Xbox Ones

107 64G iPhones

8 years of tuition at University of Cambridge

3 cars

An air traffic controller who earns £29.18 per hour can buy…

2601 “Downton Abbey” DVD box sets

801 all seven Harry Potter books in hardcover

455 “Doctor Who” life-sized 3D cardboard TARDISes

169 Xbox Ones

103 64G iPhones

8 years of tuition at University of Cambridge

3 cars

A higher education teacher who earns £24.48 per hour can buy…

2182 “Downton Abbey” DVD box sets

672 all seven Harry Potter books in hardcover

382 “Doctor Who” life-sized 3D cardboard TARDISes

142 Xbox Ones

86 64G iPhones

7 years of tuition at University of Cambridge

2 cars

An architect who earns £18.52 per hour can buy…

1651 “Downton Abbey” DVD box sets

508 hardcover collections of all seven Harry Potter books

289 “Doctor Who” life-sized 3D cardboard TARDISes

108 Xbox Ones

65 64G iPhones

5 years of tuition at University of Cambridge

2 cars

A nurse who earns £15.97 per hour can buy…

1424 “Downton Abbey” DVD box sets

438 all seven Harry Potter books in hardcover

249 “Doctor Who” life-sized 3D cardboard TARDISes

93 Xbox Ones

56 64G iPhones

4 years of tuition at University of Cambridge

1 cars

A librarian who earns £13.49 per hour can buy…

1203 “Downton Abbey” DVD box sets

370 all seven Harry Potter books in hardcover

210 “Doctor Who” life-sized 3D cardboard TARDISes

78 Xbox Ones

47 64G iPhones

4 years of tuition at University of Cambridge

1 car

A postal workers who earns £9.82 per hour can buy…

875 “Downton Abbey” DVD box sets

270 all seven Harry Potter books in hardcover

153 “Doctor Who” life-sized 3D cardboard TARDISes

57 Xbox Ones

35 64G iPhones

3 years of tuition at University of Cambridge

1 car

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