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Vladimir_Nesov comments on I want to save myself - Less Wrong Discussion
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Income is irrelevant, you measure this in typical level of spending.
No, it serves as a metric. Many people treat their income (or their income minus what they've decided to save) as a budget where they must fit expenses. (Except some rare expenses which are allowed to eat savings.) So "six months of income" is immediately grasped, whereas "six months of typical spending" requires computing your average expenses and hoping nothing unusual happens.
I think either number is fine. Ballparked. The better your financial tracking the more complicated the number can be.