Comparative Costs of Living;World-wide

[aggie]

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-.

"You're only young once, but you can be immature forever!"- Larry Anderson

 

[Meadbh]

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

http://www.oecd.org/department/0,2688,en_2649_34357_1_1_1_1_1,00.html

 

[Red-y]

http://www.settlement.org/sys/link_redirect.asp?link=http://www.finfacts.com/costofliving.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.

 

[Arif]

http://www.settlement.org/sys/link_redirect.asp?link=http://www.finfacts.com/costofliving.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.

 

[Gone4Good]

http://www.settlement.org/sys/link_redirect.asp?link=http://www.finfacts.com/costofliving.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.

 

[jphripjah]

The Big Mac index.

http://www.oanda.com/products/bigmac/bigmac.shtml

 

[jphripjah]

The Coldwell Banker home price comparison index.

http://hpci.coldwellbanker.com/hpci_press.aspx

 

[yakers]

The Economist Big Mac Index:

http://www.economist.com/markets/Bigmac/Index.cfm

 

[ladelfina]

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.

 

[Sam]

ladelfina, have you used the above service before? If so, did the report match your experience? Thanks.

 

[perinova]

here is a good UBS report
http://www.ubs.com/1/ShowMedia/media_switzerland_1/mediareleases?contentId=103132&name=PuL_2006_en.pdf
(comparison excluding rent)

 

[ladelfina]

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.