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Comparative Costs of Living;World-wide
Old 11-04-2006, 02:10 PM   #1
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Comparative Costs of Living;World-wide

Have you all seen an article, study, website, etc. comparing relatively current costs of living in various countries/cities worldwide? If so would you please tell us where we may find it?

FIRE in 9 months and counting(believe me, almost minute by minute...) and we are fine tuning our options. (should have north of 900K plus 22K annual pension + small med bennies). DW will be 55 and so will I-.

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Re: Comparative Costs of Living;World-wide
Old 11-04-2006, 04:39 PM   #2
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Re: Comparative Costs of Living;World-wide

http://en.wikipedia.org/wiki/Purchasing_power_parity

http://www.oecd.org/department/0,268..._1_1_1,00.html
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Re: Comparative Costs of Living;World-wide
Old 11-04-2006, 05:41 PM   #3
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Re: Comparative Costs of Living;World-wide

http://www.settlement.org/sys/link_r...stofliving.htm

With the cost of living in New York City set as a baseline of 100, compares selected cities in the US and around the world to this baseline.
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Re: Comparative Costs of Living;World-wide
Old 11-04-2006, 06:20 PM   #4
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Re: Comparative Costs of Living;World-wide

Quote:
http://www.settlement.org/sys/link_r...stofliving.htm

With the cost of living in New York City set as a baseline of 100, compares selected cities in the US and around the world to this baseline.
Wow Panama is more expensive than Detroit! Better tell my in-laws to stay put.
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Re: Comparative Costs of Living;World-wide
Old 11-04-2006, 08:37 PM   #5
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Re: Comparative Costs of Living;World-wide

Quote:
Originally Posted by Red-y
http://www.settlement.org/sys/link_r...stofliving.htm

With the cost of living in New York City set as a baseline of 100, compares selected cities in the US and around the world to this baseline.
Nice link, but questionable data.

I live around NYC and was just in London. The U.K. is roughly twice as expensive. Not sure if the index is proportional, but if NYC = 100, I'd think London is about 180.

I also question Boston = 76.8 and Atlanta = 76.3. Boston is pretty expensive whereas Atlanta is reasonably cheap.
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Re: Comparative Costs of Living;World-wide
Old 11-04-2006, 10:08 PM   #6
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Re: Comparative Costs of Living;World-wide

The Big Mac index.

http://www.oanda.com/products/bigmac/bigmac.shtml
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Re: Comparative Costs of Living;World-wide
Old 11-04-2006, 10:10 PM   #7
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Re: Comparative Costs of Living;World-wide

The Coldwell Banker home price comparison index.

http://hpci.coldwellbanker.com/hpci_press.aspx
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Re: Comparative Costs of Living;World-wide
Old 11-05-2006, 01:08 AM   #8
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Re: Comparative Costs of Living;World-wide

The Economist Big Mac Index:

http://www.economist.com/markets/Bigmac/Index.cfm
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Re: Comparative Costs of Living;World-wide
Old 11-07-2006, 07:21 AM   #9
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Re: Comparative Costs of Living;World-wide

The Economist has a calculator that translates COL from one city to another.
http://eiu.enumerate.com/asp/wcol_WCOLHome.asp
It's a for-pay service but free for subscribers.
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Re: Comparative Costs of Living;World-wide
Old 11-07-2006, 10:46 AM   #10
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Re: Comparative Costs of Living;World-wide

ladelfina, have you used the above service before? If so, did the report match your experience? Thanks.
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Re: Comparative Costs of Living;World-wide
Old 11-07-2006, 01:12 PM   #11
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Re: Comparative Costs of Living;World-wide

here is a good UBS report
http://www.ubs.com/1/ShowMedia/media...uL_2006_en.pdf
(comparison excluding rent)
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Re: Comparative Costs of Living;World-wide
Old 11-07-2006, 05:19 PM   #12
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Re: Comparative Costs of Living;World-wide

oooops!
I thought it was free for subscribers of The Economist.. Turns out it is a separate service you can sign up for on a yearly basis.. since they don't mention the yearly subscription fee it must be megabucks.

A single report runs $520 for pay-as-you-go.. !!

However, it is quite detailed.. if you need to know how much "insect killer spray" varies from Dubai to Seattle.. they'll tell ya!
Sample report here:
http://eiu.enumerate.com/asp/wcol_PriceIndexSample.asp

Otherwise.. an Emily Latella moment... Neverr mind.
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