The cost of living index shown is compiled by the Economist Intelligence Unit for use by companies in determining expatriate compensation: it is a comparison of the cost of maintaining a typical international lifestyle in the country rather than a comparison of the purchasing power of a citizen of the country. The index is based on typical urban prices an international executive and family will face abroad. The prices are for products of international comparable quality found in a supermarket or department store. Prices found in local markets and bazaars are not used unless the available merchandise is of the specified quality and the shopping area itself is safe for executive and family members. New York City prices are used as the base, so United States = 100.
Source: Economist Intelligence Unit