Return to Home Page

May 21, 2012

A fast way to calculate cost of living in different countries

A bill and a calculator.

A bill and a calculator. Photo: Dave Dugdale / Flickr

Considering costs is a vital part of planning your entry into expat life. Neglecting budgeting can abruptly cut short a stay. On the other hand, a little financial planning can pay off in a longer and more enriching lifestyle than you dreamed possible.

A great web-based tool for this is Numbeo. Just type in the name of a city or select a country from the drop-down list.  You get the standard information, like how much expensive it is to rent an apartment. You also get much more detailed figures, such as the cost of imported vs. domestic beer.  Near the bottom of the page there will be a colored pie chart, showing which expenses will take the most bite out of your budget.

Money isn’t everything, however. More expensive isn’t always better, and cheap isn’t always a bargain. You might want to drill down even deeper to determine quality of life. You could be torn between two countries that seem almost equally attractive to reside in. In that case, you can try using If It Were My Home. You can choose two countries and get a breakdown comparing them on life expectancy, health care, and other important factors.

Have you been an expat? What tools did you use to do research? Please share your tips and experiences in the comments.

Posted by | Comments (0) 
Category: Expat Life, Money Management

Leave a Reply

Main

Bio

Books

Stories

Essays

Video

Interviews

Events

Writers

Marco

Paris

Vagabonding.net

Contact


Vagabonding Audio Book at Audible.com

Marco Polo Didnt Go There
Rolf's new book!


Vagabonding
   Vagabonding

RECENT COMMENTS

Claudio Lemos: It´s such a gain-gain situation…even hard to start talking about...

Dane Homenick: Amazing shots from an amazing place. I can’t wait to go there one...

Stephen: I think we should definitely be aware of these things in order to make a...

Janette Lemme': Although I come from a very different world and am more than twice your...

Cambogia Ultra: Hmm it seems like your site ate my first comment (it was extremely...

Roger: My little family and I were in Amsterdam in early July and thoroughly enjoyed...

Paul Farrugia: Cheers Roger!

Caroline Macomber: Thanks for the thoughts! Good insight.

Roger: The media can be very helpful, but don’t just take the media’s word...

B Parekh: Very inspiring! Thanks for sharing your travel lessons

SPONSORED BY :



CATEGORIES

TRAVEL LINKS

ARCHIVES

RECENT ENTRIES

Ariel Levy on the anxiety that hits just before a journey begins
Nepal: A last minute escape
Why Leap?
Vagabonding Case Study: Chris Backe
The top five gifts travel has given me
Helping You Find the Best Airfare Option for You
Vagabonding Field Report: Escaping to the real Hawaii
When you travel more slowly, you make stronger connections
Finding new perspectives on familiar places
10 Sizzling Hot Travel Tips from Sir Francis Bacon


Subscribe to this blog's feed
Follow @rolfpotts