Household income median and per capita income median (PPP). Essentially, Henrik Lundqvist New York Rangers thank you king hoodie, tank top, sweater income is how much money a family would make and per capita income is how much each individual makes. PPP means purchasing power parity, which essentially accounts for how much that money is worth in that particular nation. As an example of PPP, if I gave you $100 to buy as many loaves of bread as possible, you would get more loaves if you were in Texas than in California simply because Californian products costs a lot more. So, the Japanese may bring home more money objectively, but the amount the Koreans bring home is worth a more when used in Korea and thus are “richer.” The Koreans household income media is around $41,000 while the Japanese are around $35,000, while individual is $11,000 to $10,000, respectively.
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