Would you like to know the difference in living costs around the world using figures from the world’s largest database of user contributed data about cities and countries worldwide.
The Consumer Price Index, used to determine the difference in the living costs between countries takes into account the prices of groceries, transportation, restaurants and utilities.
What does it mean? The CPI in the infographic is a relative indicator of a country’s living costs compared to New York. That means that if a country has a CPI of 70, on average it enjoys 30% cheaper living costs compared to New York.
The data was collected by Numbeo, the world’s largest database of user-contributed data on costs and prices around the world, and the maps were created by MoveHub.