Cost Of Living Around The World In 2020Cost Of Living Around The World In 2020
At MoveHub, we’ve taken the data from Numbeo's 2020 Cost of Living Index and made it really beautiful. To create the Index, Numbeo collates a huge amount of information from thousands of worldwide contributions, focusing on consumer costs and prices. There are nearly fifty factors, ranging from meals at mid-range restaurants to gym memberships, bottles of wine and cappuccinos. A quick guide to our maps: green is cheap and pink is pricey.
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Argentina was way cheaper than Brazil en 2020. Things are starting to change now.
I assume you live there. Do you think it's already the effect of Milei's policies or does it have other causes?
Yes, the new government diminished subsidies and price controls. Bus rides in Buenos Aires (which are heavily subisidized) went from ARS 25 (USD 0.02, ) to ARS 260 (USD 0,25) and gas went up from USD 0,25/litre to USD 0,80/litre. So everything is still dirt cheap af but not as much as before. Compare that to São Paulo's R$4.4 (usd 0,9) bus rides and R$5.75/L (usd 1.15) gas prices.
I'm not sure if the info is right. Venezuela is a very expensive place to live, prices in many items and services are the same as in Spain. And the salaries are way lower.
The data is from 2020. It could also be the way the index is calculated.
2024 data from same source:
https://m.stacker.news/17753 https://www.numbeo.com/cost-of-living/country_result.jsp?country=Venezuela
interesting… why are Ghana and Uruguay so expensive relative to the continents they are on?
Good question! The reasons can be varied and I'm not sure either. But where the charts were taken from, there are some notes on these countries.
Uruguay:
Ghana:
would love to hear any guesses from you (or other stackers) on why these two countries are outliers
I can't pinpoint specific causes, but I'd say it's probably related to the economy. If you look at the other countries, you'll find that the most expensive countries are the most developed. Is it growing pains?
By this maps alone, I wouldn't want to live in North America or Europe, the cost of living is too high is this areas
https://m.stacker.news/17756
2024 ?
I think it was '23.
Let’s ask those in India who earn like 5$ a day how cheap things are.
It would be interesting to see this chart with the cost adjusted for the income. I'm sure it would look completely different.
👀 https://www.worlddata.info/cost-of-living.php
Nice. It'd be interesting to see how this has changed since 2020 — So much has happened in the last four years! It's a shame we don't have data for the African countries using the CFA currency.
I actually tried to find these charts with up-to-date figures but couldn't find them
This situation is extremely relative. For example: Prices in Turkey seem to be cheap. But there is a serious housing problem. In recent years, we have had to shelter 15 million refugees. An ordinary Turkish citizen used to be able to buy a house with his salary, but now this has become impossible. The most expensive gasoline in the world is here. Meat prices are at unbelievable levels.
yes. the data should be interpreted with caution
What do there digits mean on the scale?
Gotcha. It means nothing. I thought it's cost of week living in different countries
just a rank
That's interesting.. I think Brazil especially north east is much cheaper than Hungary.
In Libya 1 litre of gas ⛽ is 0.02$