Low unemployment rate indicates better career opportunities and economic growth. Source: Wikipedia, 2021; city's official stats, 2021.
Public health care is more affordable for an average citizen and usually guaranteed for everyone. Source: city's official website, 2021.
The average rent of a single-bedroom apartment located in the city center. This indicates how much of your salary would be allocated to rent expenses, and the general cost of living of the city. Source: numbeo.com, 2021.
Source: Wikipedia, 2021; city's official stats, 2021.
The Gross Domestic Product (GDP) reflects the value and productivity of an economy. It measures the market value of all the final goods and services produced annually. To reflect the differences in the cost of living and inflation rates, we show the GDP at purchasing power parity (PPP). Sources: Wikipedia, CIA World Factbook, 2021.
The standard value-added tax (VAT) rate. Source: Wikipedia, 2021.
The Big Mac Index is published by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies. The Big Mac PPP exchange rate between two countries is obtained by dividing the price of a Big Mac in one country (in its currency) by the price of a Big Mac in another country (in its currency). Source: Economist, 2021.
The annual survey ranks 221 cities using 39 criteria. Important criteria are safety, education, hygiene, healthcare, culture, environment, recreation, political-economic stability and public transport. Source: Mercer, 2021.
The prices of highly demanded consumer goods can help estimate the average cost of groceries and the overall cost of living in the city. A lower average price for one liter of milk may indicate that the city is less expensive compared to other cities. Source: numbeo.com, 2021.