A Very Useful Cost of Living Tool

[djgabrielie]

After reading and commenting on this post by Bostonangler, I thought I would share it with others in another post so that all can benefit. I have used this site many times.  Thanks again Bostonangler.

 

 

http://www.numbeo.com/cost-of-living/

 

Try it for Belize! 

 

 

 

bostonangler, on 02 Sept 2014 - 6:03 PM, said:

This very interesting... Look at the cost of gasoline in Iraq.

 

Gasoline (1 liter) 559.30 IQD

 

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 19,771,000.00 IQD

 

http://www.numbeo.co...layCurrency=IQD

 

I have used this site before Bostonangler thanks for the post.

 

Germany

Gasoline (1 gallon) 7.77 Range $7.41-$8.09

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 24,614.59 Range $22,671.33 -$27,950.51

 

USA (New York)

Gasoline (1 gallon) 4.01 Range $3.79-4.35

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23,000.00  Range $20,000.00-$25,000.00

 

 

IRAQ (Bagdad)

Gasoline (1 gallon) 1.51 Range $1.46-$1.63

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 17,000.00 Range $17,000.00-$25,768.77

Read more: http://dinarvets.com/forums/index.php?/topic/185765-kurdistan-determines-the-price-of-a-liter-of-gasoline-low-as-900-dinars/#ixzz3CRwSYK1u

[Jim1cor13]

Excellent. Thank you Dj

[rockfl9]

I would ignore the gas price comparison, I think it is subsidised. But looking at the car it seems the it would take fewer dinar to buy a VW , That would indicate the dinar js OVERVALUED! Dont know how they come up with the range?

[djgabrielie]

I would ignore the gas price comparison, I think it is subsidised. But looking at the car it seems the it would take fewer dinar to buy a VW , That would indicate the dinar js OVERVALUED! Dont know how they come up with the range?

I ran the tool for my local area and for NYC, ATL, DAL, and it was pretty much on target for gas and other economic indicators.

[RodandStaff]

Very interesting...Sandfly for sharing!!! 

[ChuckFinley]

Thanks for the post Sand Fly. I like getting data to work from.

[MisterNope]

I always thought the "Big Mac Index" was useful.....