Numbeo - comparison of cost of living around the world
numbeo.com
numbeo.com
E.G. Colombo, Sri Lanka :
http://www.numbeo.com/cost-of-living/city_result.jsp?country...
"Colombo" is actually pretty big and diverse.
Depending on which area and even street you turn into, which collection of shops you go to, the price will vary wildly. You can see this especially with regard to Bread (66.14 - 165.00), Tomato (60.00 - 150.00) etc...
I'm sure this will be very helpful in areas where this is not the case, but I don't think it's applicable where finer granularity is really needed. Good way to gauge this is to see how wide the green bar is and how different the prices. If you see a swath of wide green bars, then you know you need finer granularity or the chart isn't applicable due to the volatility in price.
No, we are not affiliated with numbeo in any way. As far as I know, they collect all their prices in their website, just as we do in Expatistan.
For example, what's the best balance between low crime, high quality of living, and cost of living?
The kind of filters you see on item databases for MMOs would be sensationally useful here.
Apart from housing, which saw some years of 30-40% increase in the late noughties, the cost of living hasn't risen much at all - inflation has been reasonably low for a while.
The housing market commentary has been pretty funny. The years of 30% increase had people going "this is pretty good". Now faced with a year of low single digit deflation, the newspapers act like the sky is falling...
I think one reason for this is that rent, especially in shopping centres (malls), had kept pace and didn't drop away even though their tenants were facing tougher competition from abroad. Another is that distributors were less than keen to give up their slice. So, even when some retailers might've wanted to drop prices to compete, they were facing pressure on the cost of floor space as well as product.
Then one day, while bragging about how cool this site was, I noticed that it does other things (crime index, health care index, etc), and when I looked I was shocked to see that it listed some very wonky crime stats. So I looked over everything and realized that a) it's all based on voluntarily submitted data, with no checks on anything; and b) the sample size was very very small. No wonder people thought my Western Canadian town had more crime than the Tenderloin, SF. The sample sizes (at the time) were 8 vs 6
Super awesome site but it needs 300x as much data before it'll be particularly accurate
Example, http://www.numbeo.com/cost-of-living/city_result.jsp?country...
Says "Apartment (1 bedroom) in City Centre" ranges from 15,000 to 25,000. I had a fairly westernized place for 8,000 baht. If I had gone for a more thai place, I could have had a place for between 3,000-5,000.
That's funny because I was about to say exactly the opposite -- that the data is biased towards data from and for residents.
Using Sao Paulo and Rio de Janeiro as examples, Numbeo's figures make them seem quite inexpensive.
The problem is that as a tourist or as a business visitor, you are paying hotel prices, not rent. Hotels in Sao Paulo and Rio de Janeiro are surprisingly expensive (approaching New York City prices).
For reasons I can't understand, the ratio of hotel room price to annual rental price of an unfurnished apartment in Sao Paulo and Rio de Janeiro is much worse than in other cities around the world I'm familiar with. Renting a furnished flat on a monthly basis is also very expensive.
This distorts the picture hugely. As a tourist or business visitor, Sao Paulo and Rio de Janeiro end up being very expensive cities to visit, whereas as a resident, it wouldn't be so bad.
By the way, when I think of "Cost Of Living" I am thinking of long-term stay of 6+ months, especially since many landlords insist on 6-12+ months leases.
For example, there are some very cheap places in my country, Uruguay, and in neighbouring Brazil, but, are you going to pay for a housekeeper?. If you don't visit often, you're likely to find either a dismantled house or an illegal tenant.
Also, people from out of country might not know the local taxes or regulations, and you could have your house seized due to ignorance.
I think that renting is a much better solution, unless you expect to spend a significant amount of time in your beach house :)
BTW, The housekeeper is probably going to be more expensive than the house. Maintenance is often as expensive as the house too.
On the plus side, beach houses can be rented :) to get some expenses back.
Many go for a weekend a month in advance, and look at the "For Rent" signs, then make a deal with the homeowner (usually haggling on price). That is of course not very practical for someone from the U.S. !!
Punta del Este is nice (though some people like other kinds of vacations, like Punta del Diablo), but it's very expensive (even for people from the U.S.), especially in January. December is a little cheaper.
The times I've been there I went to a hostel. My parents use the "haggling" option, so I don't have a good recommendation for online search. Airbnb is slightly more expensive than the average listing, but not by much.
Unlike most websites of this sort, I'm surprised to find the information accurate.
Also for e.g. in Amman, public transportation, might cost 0.40 JD, but they don't get anywhere, and in most of times, walking is much faster that taking the bus.
Also there is no such thing as unlimited data plans there too.
So at least for the middle east, I don't think it's accurate.