This project is an exploration of the costs of living, and purchasing power characteristics of 500 major cities around the world.
The analysis in this post concerns itself with the following questions:
- Is there a relationship between the cost of living and local purchasing power?
- Which is the primary driver of cost in "expensive" cities - rent, or non-rent costs of living?
- How can we visualize the data - and highlight the differences between regions?
The data was sourced from Numbeo.com, which hosts user-contributed data - current within the last 18 months.
Visit the blog, for a complete explanation of the project, the data, and our findings.