Low unemployment rate indicates better career opportunities and economic growth. Source: Wikipedia, 2020; city's official stats, 2020.
2.cost of a one-bedroom apartment in the city center
The average price of a single-bedroom apartment located in the city center shows how much of your salary would be allocated in rent expenses, and is an indicator of the cost of living of the city. Source: numbeo.com, 2020.
Source: Wikipedia, 2020; city's official stats, 2020.
Public health care is more affordable for an average citizen and usually guaranteed for everyone. Source: city's official website, 2020.
5.gross domestic product (GDP)
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, 2020.
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, 2020.