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0 sats \ 2 replies \ @Catcher 15h \ parent \ on: Be expatriotic alter_native
only place with Purchasing Power Index higher than 100?
High number bad, low number good.
Singapore is the only place worse than the US regarding purchasing power. Portugal is half of US, Honduras with 7.5 is crazy low...
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Ok, I understood it the other way around, here is the example from their website
"The example of Switzerland:
With a cost of living index of 126 all goods are on average about 26% more expensive than in the USA. But the average income in Switzerland of 7,923 USD is also 18% higher, which means that citizens can also afford more goods. Now you calculate the 26% higher costs against the 18% higher income. In the result, people in Switzerland can afford about 6 percent less than a US citizen."
So it means that with PPI 94 if you come to Switzerland despite higher salary you will only afford 94% of your existing 100% in US. So it means, if you want to afford more you need to look for a 100+ PPI. Or what am I missing?
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