Quality of Life Index 2015 Mid Year

Quality of Life Index 2015 Mid Year

Worldwide

Top 10	Quality of Life Index
Zurich	288.36
Canberra	286.87
Ottawa	279.46
Munich	266.09
Gothenburg	235.88
Copenhagen	235.67
Calgary	234.45
Brisbane	231.12
Trondheim	230.37
Adelaide	225.83

View Full Global List  »

Europe

Top 5	Quality of Life Index
Zurich	288.36
Munich	266.09
Gothenburg	235.88
Copenhagen	235.67
Trondheim	230.37

View Full List for Europe »

America

Top 5	Quality of Life Index
Ottawa	279.46
Calgary	234.45
Edmonton	224.84
Denver, CO	223.94
Boston, MA	213.06

View Full List for America »

Asia

Top 5	Quality of Life Index
Abu Dhabi	216.47
Seoul	212.98
Bursa	196.31
Dubai	182.06
Tokyo	166.47

View Full List for Asia »

Oceania

Top 5	Quality of Life Index
Canberra	286.87
Brisbane	231.12
Adelaide	225.83
Melbourne	225.37
Perth	204.00

View Full List for Oceania »

Cost of Living Index 2014 Mid Year

Cost of Living Index 2014 Mid Year

(July 1st, 2014)

Numbeo, the world's largest database of user contributed data about living conditions in cities and countries worldwide, released mid year 2014 rankings. The most expensive cities in the world, in mid 2014 are Zurich (CPI index 159.51), Stavanger (156.71) and Geneva (150.43). Indian cities Thiruvananthapuram (22.25), Coimbatore (24.57) and Indore (25.90) are the least expensive cities in the world.

In Europe, cities in Switzerland and Norway dominate the list of most expensive cities, while the least expensive cities in Europe are Bitola (index 37.88), followed by Chisinau (38.40) and Dnipropetrovsk (40.53). Cities in Europe, out of all continents, have the highest variance in prices. For more details please visit Europe: Cost of Living Index 2014 Mid Year.

In America, due to the fact that the official exchange rate is artificially low, Caracas (index 132.98) became the most expensive city and La Paz (39.24) is the least expensive.

In Africa, the most expensive city is Luanda (index 117.82) distantly followed by Accra (91.19) and Lagos (73.93). The least expensive cities in Africa are Alexandria (35.87), Cairo (37.97) and Tunis (40.19).

In Asia, Changi (107.06), an eastern area in Singapore, is the most expensive, followed by Tokyo (105.87) and Singapore (103.02).

In Oceania, all cities are fairly expensive (for which Numbeo has good dataset). Darwin (127.09) is at the top of the list and Cairns (104.95) at the bottom.

Numbeo also publishes other rankings, such as Quality of Life Rankings. According to its quality of life rankings, cities with the best quality of life in the world are Canberra, Ottawa and Frankfurt. Cities with the worst quality of life are Caracas, Ulaanbaatar and Rio De Janeiro. More details

About: Numbeo is a crowdsourced website with open methodology which gathered more than 1.3 million data entries about living conditions worldwide since 2009. Numbeo is founded in 2009 by Mladen Adamovic, ex-Google software engineer. Mladen also worked for Sungard, Troxo and University of Banja Luka. He obtained M.Sc. Electrical Engineering from University of Banja Luka in 2006 and B.Sc. Math from University of Belgrade in 2003.

The Most Expensive Cities in 2014 by Numbeo's Cost of Living International Rankings

The biggest free cost of living database, Numbeo, collected more than 1.1 million data from more than 130000 contributors since 2009. The result of Numbeo's survey, shows, that in the beginning of 2014, the most expensive cities (excluding rent) are Zurich (index 157.47), Trondheim (152.89) and Geneva (162.34). The least expensive are Thiruvananthapuram (21.17), Tiruchirapalli (23.23) and Indore (23.94) in India.

Numbeo is currently tracking the prices of 48 goods and services. In Numbeo's survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Lucerne in Switzerland scores 150.75 points and is nearly three times as costly as Consanta in Romania with an index score of 50.32.

In Europe, many cities in Switzerland and Norway are among the most expensive on the list, followed by Paris (120.68). In South America, Caracas (122.82) in Venezuela became the most expensive mostly due to low official exchange rate. Honolulu in Hawaii (106.27) was rated as the most expensive in North America. In Asia, Tokyo (104.20) is the most expensive followed by Singapore (101.30) and Seoul (92.66).

Rent in the world is the most expensive in Hong Kong (rent index 108.91) followed by New York (100) and Singapore (99.76).

Cities with the lowest rent are Rawalpindi in Pakistan, followed by Surat and Bhopal in India.

For complete rankings please visit http://www.numbeo.com/cost-of-living/rankings.jsp

About Numbeo.com –
Numbeo.com  is the largest free Internet database about cost of living and property prices worldwide. Numbeo.com allows visitors to estimate their own cost of living expenses if they are relocating. It uses data contributions from people all around the world to make statistical analysis of these data for free availability to everyone in a structured manner. Getting this information earlier was far more expensive and difficult. Numbeo publishes yearly indexes such as the consumer price index and property market index per city and per country.

New Numbeo release brings support for mobile phones!

New www.numbeo.com release brings support for mobile phones. Let me know if you encounter any problem. New mobile version of the website is supposed to load automatically when you access the website from the mobile phone.

BudgetDirect Provides Interesting User Experience over Numbeo Data

BudgetDirect do provide interesting user experience using Numbeo data in their cost of living tool . I'm interested to hear what do you like and what do you dislike in their tool, especially regarding look&feel.

Top 10 Safest Countries in the World in 2013

Japan is the safest country in the world in 2013, according to Numbeo, the world’s largest database of user contributed data about cities and countries worldwide.

Top 10 safest countries, according to Numbeo are:
- Japan (safety index 86.89)
- Taiwan (83.74)
- Hong Kong (83.43)
- South Korea (82.60)
- United Arab Emirates (81.99)
- Malta (81.46)
- Luxembourg (81.25)
- Georgia (80.43)
- Bahrain (80.21)
- Singapore (80.02)
- Iceland (77.68)

The full list is available at:
http://www.numbeo.com/crime/rankings_by_country.jsp

Numbeo, the world’s largest database of user contributed data about cities and countries worldwide, has chosen Iceland as the least polluted country in 2013

Top 10 the least polluted countries, according to Numbeo are:
- Iceland (pollution index 9.85)
- Estonia (16.38)
- Finland (18.53)
- Sweden (18.79)
- Australia (20.89)
- New Zealand (21.80)
- Switzerland (22.97)
- Norway (23.35)
- Lithuania (25.17)
- Canada (26.52)

The full list is available at:
http://www.numbeo.com/pollution/rankings_by_country.jsp

Numbeo: Quality of Life Index by City 2013

ZURICH is the city with the best quality of life in 2013, according to an annual report by Numbeo, the world's largest database of user contributed data about cities and countries worldwide. For its quality of life index 2013 it gathered data from more than 76000 people around the world.

The cities which are ranked highest in quality of life are:
- Zurich, Switzerland (score 233.72)
- Canberra, Australia (219.15)
- Adelaide, Australia (214.61)
- Berlin, Germany (213.50)
- Munich, Germany (210.24)
- Edmonton, Canada (208.74)
- Calgary, Canada (202.72)
- Hamburg, Germany (201.55)
- Austin, TX, United States (199.52)
- Dubai, United Arab Emirates (195.49)

Full rankings are available at:
http://www.numbeo.com/quality-of-life/rankings.jsp

About Numbeo:
Numbeo is the world's largest database of user contributed data about cities and countries worldwide. Numbeo provides current and timely information on world living conditions including cost of living, housing indicators, health care, traffic, crime and pollution. Numbeo was founded in 2009 by Mladen Adamovic, former Google software engineer. Numbeo was mentioned or used as a source by many international medias, newspapers and magazines including Forbes, Business Insider, The Telegraph, Time, San Francisco Chronicle, The Age, The Sydney Morning Herald, China Daily, The Vancouver Sun and Elmundo. For more information about Numbeo please visit: http://www.numbeo.com/common/about.jsp

Property Prices Indexes 2013

Numbeo did publish it's property price indexes for 2013.

Property Price Index by city is available at: http://www.numbeo.com/property-investment/rankings.jsp

Property Price Index by country is available at : http://www.numbeo.com/property-investment/rankings_by_country.jsp

Cost of Living Index for 2013 - Norway, Switzerland and Australia are most expensive

Based on 48 goods and services, Numbeo's survey for 2013 is made using a data cut on 4th of February 2013. This year data cut contains 367958 entries from 33448 individual contributors worldwide.

The data on city level are showing Norwegian cities Stavanger, Trondheim, Oslo and Bergen on top of the list of most expensive cities. Several cities in Switzerland are also among the most expensive in the world: Zurich, Geneva, Basel, Lausanne and Bern. Among the 25 most expensive cities in the world, our list includes also eight Australian cities: Perth, Sydney, Canberra, Hobart, Darwin, Brisbane, Melbourne and Adelaide. Only a few cities which are not in Norway, Switzerland and Australia made their way into the top 25 most expensive list: Luanda in Angola, Stockholm in Sweden, Arhus and Copenhagen in Denmark, Paris in France, Luxembourg and on 25th place Tokyo in Japan.

List with details on city level is available at: http://www.numbeo.com/cost-of-living/rankings.jsp

On the country level, our data and research suggests that the most expensive countries are:
- Norway (index 173.85)
- Switzerland (151.77)
- Australia (133.66)
- Luxembourg (124.76)
- Denmark (119.95)
- Japan (115.24)
- Sweden (114.47)
- New Zealand (113.63)
- Bahrain (113.49)
- Iceland (112.43)

The least expensive countries are:
- India (30.92)
- Pakistan (33.41)
- Nepal (38.74)
- Algeria (41.49)
- Bolivia (41.50)
- Vietnam (43.21)
- Egypt (44.82)
- Bangladesh (44.83)
- Indonesia (46.14)
- Macedonia (46.48)

Full country comparison table is available at:
http://www.numbeo.com/cost-of-living/rankings_by_country.jsp

About Numbeo:
Numbeo is the world’s largest database of user contributed data about cities and countries worldwide. Numbeo provides current and timely information on world living conditions including cost of living, housing indicators, health care, traffic, crime and pollution. Numbeo was founded by Mladen Adamovic, former Google software engineer in 2009. Numbeo was mentioned or used as a source by many international medias, newspapers and magazines including Forbes, Business Insider, The Telegraph, Time, San Francisco Chronicle, The Age, The Sydney Morning Herald, China Daily, The Vancouver Sun and Elmundo. For more information about Numbeo please visit: http://www.numbeo.com/common/about.jsp

Weird Things Learned From Gathering Prices All Over The World

In China, which is consider as among the cheapest in the world, (cow) cheese is usually more expensive than in Europe (and many other places). It might not be available in cities of 500.000 size! The reason for this is that Chinese people don't eat cheese and milk (apart of being young). They cannot digest lactose, milk sugar. Europeans have different digestive system, changed by centuries of eating milk and milk processed products as cheese. Cheese is actually highly processed food and is high in saturated fat and sodium and is considered not healthy for cardiovascular system. A friend of mine recently was diagnosed with cholesterol and doctor told him that was because he did drink 1 liter of milk per day (and he was also a big fan of cheese). Doctor advised him to drink soy milk instead. After looking soy milk which he finds enjoyable he found a chocolate soy milk he do enjoy and now he feels addicted to chocolate soy milk :-).

I've read that in Sri Lanka, prices of potato goes up/down +300 percent during the year.

The explanation for this weird thing was that due to high moisture it's not possible to store potato and therefore when most of potato is available it becomes cheaper and later much more expensive.

Numbeo might show that in certain cities some items are cheaper than country cheapest!

When calculating existing algorithm takes into account only entries which are not classified as spam.
Than it discards the lowest 25% of entries and highest 25% of entries.

That's why a reader of a website noticed weird thing - La Ceiba cheaper than Honduras itself! It happened because those lowest entries of La Ceiba where discarded when calculating average for Honduras.
It sounded like a plan, knowing that website relies on inputs from visitors which might not always be correct, but here it shows a kind of weakness.

In Latin America, I've read from visitors of the website that, for example in Paraguay there are two types of places to rent : 1. for foreigners, overpriced 2. for locals.

Even if you call real estate agency from Honduras you might not know the "real" price because you are out of reach for second types of apartments.

Even Numbeo data has weaknesses, if you purchase the data from provider which uses an employee to gather the data, you don't have guarantees that employee took into account:

- oscillations of price during the year

- prices for foreigners/locals

- the best representative of mid range restaurant, for example

- the best representative for each comparative item or the supermarket in general

Also, employee might make an error when collecting data as well.

Currency exchange changes during the year so comparing values is even more difficult if only in certain months data are gathered for statistical purposes.

Numbeo's Quality of Life Index by Country 2012

Numbeo.com is the world leading website which uses crowd sourced information to analyze and extract global information about cost of living, property prices, pollution, traffic, crime, health care and quality of living in overall.
For it's Quality of Life Index by Country 2012 it gathered data from more than 40000 people around the world.

The countries which are ranked highest in quality of life are:
- Switzerland (194.11)
- Germany (184.42)
- Norway (183.43)
- United Arab Emirates (177.07)
- New Zealand (174.28)
- Sweden (171.72)
- Canada (164.99)
- Denmark (163.12)
- Australia (162.03)
- Austria (159.89)
- Netherlands (158.07)
- United States (140.62)
- Japan (130.52)

Full rankings are available at:
http://www.numbeo.com/quality-of-life/rankings_by_country.jsp

To calculate these indexes, Numbeo.com used contributed data from users about cost of living, purchasing power, affordability of housing, perceptions about pollution, crime rates, health system quality and commute times in traffic.

For more information:
http://www.numbeo.com/common/

Top 20 Most Expensive Cities in The World in 2012

Based on 45 goods and services, Numbeo.com cost of living survey for beginning of 2012 were conducted by more than 23000 independent contributors who entered more than 241000 prices. The most expensive cities (excluding rent) are Trondheim and Stavanger in Norway, followed by Zurich in Switzerland.


In Numbeo's survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Tokyo (Japan) scores 135.23 points and is nearly three times as costly as Manila (Philippines) with 47.34 points.

In the 2012, the most expensive cities (excluding rent) are :
- Trondheim, Norway (188.91)
- Stavanger, Norway (171.32)
- Zurich, Switzerland (152.84)
- Oslo, Norway (152.03)
- Geneva, Switzerland (146.24)
- Bern, Switzerland (142.44)
- Lucerne, Switzerland (139.94)
- Perth, Australia (139.63)
- Bergen, Norway (138.79)
- Tokyo, Japan (135.23)
- Sydney, Australia (132.39)
- Adelaide, Australia (129.60)
- Monaco, Monaco (128.15)
- Copenhagen, Denmark (123.82)
- Edinburgh, United Kingdom (122.52)
- Melbourne, Australia (121.53)
- Dublin, Ireland (119.56)
- London, United Kingdom (118.52)
- Arhus, Denmark (115.96)
- Canberra, Australia (115.89)

For complete rankings please visit http://www.numbeo.com/cost-of-living/rankings.jsp

Numbeo.com now compares pollution, crime, health care and traffic by city

As you might know, Numbeo.com started as cost of living and property prices comparison website, using entries from visitors (contributors).

But for living in certain city many other things might be important like how would you feel living over there, culture shock, education systems, schools, crime rate, pollution, health care system, transportation, housing options, jobs availability...

To help users obtain more information about living in a certain city,
Numbeo.com will now use contributions from users to measure pollution, crime, health care and traffic by city.

Thank you to all who contributed with data at Numbeo.com - without you, maybe the website would have great software however it would not be useful.

More features coming soon at Numbeo.com

Top 20 Most Expensive Cities in The World (Mid 2011)

Based on 38 goods and services, Numbeo.com cost of living survey for mid 2011 were conducted by more than 13990 independent contributors who entered more than 145600 prices. The most expensive cities (excluding rent) are Stavanger and Oslo in Norway, followed by Zurich and Basel in Switzerland.


In Numbeo's survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Sydney (Australia) scores 131.47 points and is nearly three times as costly
as Manila (Philippines) with 46.72 points.

In the mid of 2011, the most expensive cities (excluding rent) are :
- Stavanger, Norway (CPI 186.74)
- Oslo, Norway (166.9)
- Zurich, Switzerland (164)
- Basel, Switzerland (158.95)
- Geneva, Switzerland (154.78)
- Lausanne, Switzerland (153.1)
- Perth, Australia (146.58)
- Lucerne, Switzerland (144.92)
- Copenhagen, Denmark (141.58)
- Monaco, Monaco (138.54)
- Bergen, Norway (137.9)
- Rotterdam, Netherlands (136)
- Sydney, Australia (131.47)
- Dublin, Ireland (129.88)
- Lugano, Switzerland (129.75)
- Nice, France (129.55)
- Tokyo, Japan (127.9)
- Amsterdam, Netherlands (126.81)
- Stockholm, Sweden (125.61)
- Brisbane, Australia (125.14)

For complete current rankings (updated biweekly) please visit Numbeo's http://www.numbeo.com/cost-of-living/rankings_current.jsp.

Numbeo.com in the media / news

During more than two years of being online, Numbeo.com managed to bring attention of more than 2 million of visitors and was covered in many international newspapers and magazines.

Forbes said "Numbeo.com has relative country-by-country breakouts for rent, groceries and restaurants."

ABC (in Spanish) said : "and aroused by the curiosity of the bloggers for yesterday, Numbeo, a comparator cost of living between two countries, is the reference for averages price of some goods and services such as housing, public transportation or restaurants. "

Downloadsquad brought an article : "Comment followup: Numbeo is another (better) cost of living calculator"

Redferret magazine : "Numbeo, created by ex-Google engineer Mladen Adamovic, is an ultra cool data site which lets you compare the cost of living in your city with other cities around the country and the world."

Numbeo was covered in most major medias in Serbia (including B92 and Blic) and Romania (including Romania Libera, Gandul.info, Dailybusiness.ro, Informazia zilei, Libertatea, ...).

Numbeo was also in Bulgarian magazine Expert.bg, Spanish magazine Internetizado, German magazine "Lateinamerika Reisemagazin", Aministradores magazine in Brazil, etc.

The partial list with links is available at
http://www.numbeo.com/common/in_the_news.jsp

Numbeo's 2011 Cost of Living Index Highlights

Based on 38 goods and services, Numbeo.com cost of living survey for 2011 were conducted by 6628 independent contributors. The most expensive cities (excluding rent) are Oslo and Stavanger in Norway, followed by Zurich and Geneva in Switzerland. The least expensive are Hyderabad, Bangalore and Chennai in India.

In Numbeo's survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Sydney (Australia) scores 113.14 points and is nearly three times as costly as La Paz (Bolivia) with an index score of 39.00.

In the beginning of 2011, most expensive cities (excluding rent) are :
- Oslo, Norway (CPI 149.26)
- Stavanger, Norway (145.65)
- Zurich, Switzerland (143.93)
- Geneva, Switzerland (143.71)
- Bergen, Norway (142.46)
- Basel, Switzerland (141.12)
- Lausanne, Switzerland (136.41)
- Lucerne, Switzerland (133.04)
- Perth, Australia (130.15)
- Copenhagen, Denmark (123.87)

The least expensive cities in 2011 are Indian cities : Coimbatore, Pune, Chennai, Mumbai and Hyderabad, followed by Islamabad and Karachi in Pakistan.

Rent is most expensive in New York , followed by San Francisco (USA), Abu Dhabi (United Arab Emirates) and Lucerne (Switzerland).

Cities with the lowest rent are Changchun (China) and Karachi (Pakistan).

On country level the most expensive countries in 2011 are Norway, Switzerland, Denmark, Belgium, Australia, Ireland and Netherlands.

The least expensive countries in 2011 are India, Pakistan, Bolivia, Vietnam, Philippines, Thailand, and Macedonia.

For complete rankings please visit http://www.numbeo.com/cost-of-living/rankings.jsp

Options for Economy Trends in 2011

The Economist magazine brought an interesting article titled with : “Betting big on bonds“ – an economist advises investors to expect deflation” http://www.economist.com/node/17853304,

A paragraph which provokes thinking: “Debt ratios, relative to GDP, are so high that it seems unlikely that most developed economies can grow their way out of the mess. That leaves the unappealing options of default, Japanese-style stagnation or rapid inflation to erode the real value of the debt burden.”

Debt of developed countries looks bad. If investors stop covering that debt, the country has an option to default. Usually better option is inflationary mechanism– printing money to cover debt. If the inflation rate is higher than interest rate of government bonds, it is not in favor of investors to buy government bonds. Some investors might still buy government bonds even if interest rate is below inflation since it is considered as low risk investment. They do so to diversify their portfolios.

At the other way, modern global economy is highly competitive which by itself deflatory process. If you can produce a good or make service cheaper, most likely you’ll sell much better than competitors. It was obvious in expansion of big supermarkets (so called hypermarkets). They provided goods cheaper than competitors. Modern economy is deflatory – market wants cheaper goods.

So the market does deflatory mechanism and government does inflatory mechanism.

So which is most likely future? Inflation? Deflation?

Possibilities:

Defaults of governments and financial institution – this will most likely happen unless government is printing money, since printing money is better for a country than default, countries will print money

Japanese style stagnation –real estate, stock and general market deflatory mechanism combined with no government default, slow money printing machine and investors preferring government bonds in spite of insane debt to GDP ratio

Rapid inflation - sounds like a real possibilities unless certain types of assets are over valuated.

If certain types of assets are over valuated as housing, it brings unprofitability to many financial and insurance institutions and in general brings stock value down. In the other way, price of commodities goes up due to money printing mechanism and overvaluation of other assets… isn’t it what is happening now? Isn’t the price of housing going down and the price of commodities going up? Isn’t the price of stocks bind to housing going down as well? Which trends do you predict in 2011?

Numbeo's Economic Predictions For 2011

1. EUR/USD rate will raise to at least 1.45, since USA has big trade and fiscal deficit and EURO zone has trade sufficit (and smaller fiscal deficit).
2. EU bailout of Spain and Portugal (after Greece and Ireland).
3. Gold price will start to fall (comparing to EURO), since what goes up has to go down eventually.
4. Housing prices will decrease in most countries, especially in East Europe.
5. Oil prices above 120$ per barrel. With weaker USD and more consumption in 3th world countries the pressure on oil will continue in spite of clean energy incentives.
6. Increase of food prices worldwide due to food commodities increase - bread price will increase
7. More governmental interventions in the economy to speed up post Great Recession economical recovery.

Numbeo’s 2010 Cost of Living International Rankings

In Numbeo’s survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Copenhagen scores 138.91 points and is nearly three times as costly as Buenos Aires in Argentina with an index score of 47.15.

In the beginning of 2010, most expensive cities (excluding rent) are :
- Stavanger, Norway (CPI 169.20)
- Oslo, Norway (152.85)
- Breda, Netherlands (139.70)
- Copenhagen, Denmark (138.91)
- Zurich, Switzerland (132.03)
- Paris, France (130.30)
- Geneva, Switzerland (122.69)
- Milan, Italy (122.58)
- Dublin, Ireland (120.79)
- Brussels, Belgium (120.00)

The least expensive cities in 2010 are Bangalore, Chennai, Hyderabad, Delhi and Pune in India, followed by Kiev (Ukraine), Dnipropetrovsk (Ukraine), Bangkok (Thailand), Kuala Lumpur (Malaysia) and La Paz (Bolivia).
Rent is most expensive in Abu Dhabi (United Arab Emirates) followed by London (United Kingdom), Geneva (Switzerland), Stavanger (Norway) and New York (United States).

Cities with lowest rent are Ahmedabad and Hyderabad in India. Other international citites with low rent are Medellin (Colombia), Constanta (Romania), Asuncion (Paraguay) and Banja Luka (Bosnia and Herzegovina).

On country level most expensive countries in 2010 are Norway, Denmark, Netherlands, France, Switzerland, Belgium, Ireland, Italy and Finland.

The least expensive countries in 2010 are India, Ukraine, Pakistan, Thailand, Malaysia, Bolivia, Indonesia, China, Belarus, Ecuador and Romania.

For complete rankings please visit Cost of Living Index 2010.

About Numbeo.com –
Numbeo.com (http://www.numbeo.com) is the largest free Internet database about cost of living and property prices worldwide. Numbeo.com allows visitors to estimate their own cost of living expenses if they are relocating. It uses data contributions from people all around the world to make statistical analysis of these data for free availability to everyone in a structured manner. Getting these informations earlier was far more expensive and difficult. Numbeo provides different tools around its data like Cost of Living Calculator and Cost of Living Comparison. Numbeo publishes yearly indexes such as consumer price index and property market index per city and per country.

The founder of Numbeo.com is Mladen Adamovic. Mladen was a software engineer in Google Inc., Dublin, Ireland between Feb 2007 and Feb 2009. Before joining Google he spent three years teaching and researching at University of Banja Luka, Bosnia and Herzegovina. He obtained M.Sc. Electrical Engineering from University of Banja Luka in 2006 and B.Sc. Math from University of Belgrade in 2003.