Finally, A Sensible Cost Of Living Study - An Important Posting
This is a reposting from October 2009 of what is still quite a relevant piece. Enjoy. (click on image to enlarge) There have been many cost of living studies which somehow does not get it quite right. In many cases, it is skewed towards the expatriate lifestyle. The flamboyant CLSA has come up with a highly interesting piece on Asian living standards, with comparisons as well to US, UK and Australia. The basket of 27 items were well selected as reflective of a middle class lifestyle maintenance. It also looked into the currency effects, which will give a true purchasing power parity comparison. The items selected: 1) Nokia 3600 2) Mobile phone monthly bill 3) Monthly broadband bill 4) Apple iPod 5) Acer laptop Aspire 6) Levis jeans 7) Louis Vuitton handbag 8) TV- 37" Sharp Aquos 9) Sony Playstation PSP 10) DVD (err...) 11)Movie ticket price 12) Coca-cola 13) Canned beer 14) Champagne 15) Marlboro Lights 16) Chicken 17) Rice 18) Eggs 19) English Newspaper 20) Economist magazin...