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Collaborative international cost-of-living index

expatistan.com

51–60 of 84 posts

Re: Collaborative international cost-of-living index

#51
post #2

This looks very similar to http://www.numbeo.com which was also created in 2009. Is it the same data?

That website is useful, but depressing! How is living in Rome cheaper than living in Coventry????!!!!

In fact, most places in the US (even the sunny bits) look cheaper to live in than Coventry. How sad.

Re: Collaborative international cost-of-living index

#53
post #25

It would be even better if you could input what you spend your money on. E.g. if someone buys a lot of alcohol, then the cost of living depends more on the alcohol tax.

As well as what you don't spend your money on. I find it ridiculous that the "housing" index includes not only rent and utilities but the cost of a 40" flat-screen TV. That belongs under "entertainment".

Also, several items are sufficiently vague that they have a huge price range; for instance, "1 pair of sport shoes (Nike, Adidas, or similar)" or "Daily menu in the business district". Far too subjective to serve as a basis for comparison; in the same city, those values could vary by 2-3x depending on taste.

Re: Collaborative international cost-of-living index

#54
post #26

Would be nice to take into consideration Sales Tax, Income Tax and Property Taxes. In the states it can be fairly misleading if you ignore these factors as some states have no personal income tax as an example and others have crazy sales tax and personal income tax combined with property tax. All these drain a persons resources when they move from one locale to another. Not sure how to capture "soft" stuff like healt…

Salaries vary heavily by location; income taxes reduce net salaries, so you can just treat it as a lower net salary for the area.

Sales taxes and property taxes figure into prices of goods. The site already says to include sales taxes, though it would help to have rates noted explicitly. Property taxes should appear as an expense under housing.

Re: Collaborative international cost-of-living index

#55
It doesn't make sense to have a single category for "utilities", as those vary dramatically by usage; that would be like asking for the price of "a tank of gas", or gas usage per week/month. It would make more sense to separate out electricity rates, water/sewer rates, natural gas rates, and so on.

Re: Collaborative international cost-of-living index

#56
post #26

Would be nice to take into consideration Sales Tax, Income Tax and Property Taxes. In the states it can be fairly misleading if you ignore these factors as some states have no personal income tax as an example and others have crazy sales tax and personal income tax combined with property tax. All these drain a persons resources when they move from one locale to another. Not sure how to capture "soft" stuff like healt…

Yeah some of the big states are fun. I'm in NY, my property taxes are about 60% of my mortgage payment.

[deleted]

Re: Collaborative international cost-of-living index

#57
post #24

You're comparing cost of living without taking into account median salaries? I don't think any comparison is complete without some sort of salary survey.

True, and another key component, which will become even more important once median incomes are taken into account, is public services. For instance Paris is described to be about as expansive as San Francisco. But in Paris, you have your kids' school and your health insurance for free (well, included into your taxes). Plus, if you studied there, you don't have a student loan to pay back.

Well, including that wouldn't make sense unless they also included taxes.

Re: Collaborative international cost-of-living index

#58
I'm not sure where they got their data from, but one thing stood out to me.

I compared the price from Vancouver BC to Seattle WA and was surprised to say that food was cheaper in Vancouver, as Vancouverites are always coming south of the border to buy their groceries. Especially milk, which they load up on by the cart full. On this site though it says a liter of milk in Vancouver is $1.65 and a litre in the US is $2.90, a GALLON in the US can be bought for less than $2.90.

So I'm a little suspect of the data.

Re: Collaborative international cost-of-living index

#59

I'm not sure where they got their data from, but one thing stood out to me. I compared the price from Vancouver BC to Seattle WA and was surprised to say that food was cheaper in Vancouver, as Vancouverites are always coming south of the border to buy their groceries. Especially milk, which they load up on by the cart full. On this site though it says a liter of milk in Vancouver is $1.65 and a litre in the US is $2.…

Yeah, user data may be very skewed (read wrong) for a variety of reasons (People not knowing the relationship gallon/litre for example)

Numbeo gives 0.90 for a liter of milk in Seattle http://www.numbeo.com/cost-of-living/city_result.jsp?country...

Re: Collaborative international cost-of-living index

#60
(Shameless plug) I wrote this blog post in october, based on numbers from numbeo: http://programming.tudorconstantin.com/2013/10/why-ill-never...

I treated the subject of quality of life from the subjective perspective of a software developer (big salary in a country with small income - the average net income in romania is around 400 eur)

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