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Findings on Cost of Living, Wages and Purchasing Power for Ordinary Residents

In: 2016 Annual Indices for Expatriates and Ordinary Residents on Cost of Living, Wages and Purchasing Power for World’s Major Cities

Author

Listed:
  • Khee Giap Tan
  • Trieu Duong Luu Nguyen
  • Chandran Divya
  • Kong Yam Tan

Abstract

This section provides an overview of the latest Asia Competitiveness Institute’s (ACI’s) Cost of Living Ranking for Ordinary Residents, Wages Ranking for Ordinary Residents and Purchasing Power Ranking for Ordinary Residents in 103 world’s major cities. The most up-to-date rankings are based on 2014 data, which were the latest available at the time the research was conducted. We first describe the 25 top-ranked cities and 25 bottom-ranked cities. This is followed by a discussion highlighting notable region-specific observations about the rankings.

Suggested Citation

  • Khee Giap Tan & Trieu Duong Luu Nguyen & Chandran Divya & Kong Yam Tan, 2018. "Findings on Cost of Living, Wages and Purchasing Power for Ordinary Residents," World Scientific Book Chapters, in: 2016 Annual Indices for Expatriates and Ordinary Residents on Cost of Living, Wages and Purchasing Power for World’s Major Cities, chapter 5, pages 183-590, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813227217_0005
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    More about this item

    Keywords

    Cost of Living; Purchasing Power; Residents; Expatriates; Wages Index;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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