Category Archives: cost of living allowance

Cost of Living – Africa July 2012

The oil rich countries of Angola and Nigeria are the most expensive places to live for expatriates in Africa. Luanda is Africa’s most expensive place to live in July 2012, overall. Luanda is followed by Abuja and Lagos in Nigeria. … Continue reading

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Cost of Living – America July 2012

The oil rich countries of Venezuela and Brazil are the most expensive places to live for expatriates in the Americas. Caracas is the Americas most expensive place to live in July 2012, both overall and based on the cost of … Continue reading

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Differing Levels of Expatriate Compensation

We recently received an interesting FAQ that I wanted to share with you. ¬† The question revolved around the Cost of Living Allowance Analysis and whether it took into account the differing levels of compensation that an expat can receive. … Continue reading

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Expat Eye on the World

  Being much more visual when it comes to gathering information or purely learning just about anything, I am always on the look out for videos that will help me achieve this. Deciding to become an expat IS a big … Continue reading

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How to Calculate a Cost of Living Allowance – Part 3

The formula for calculating a cost of living allowance using the inputs discussed in part 2 are as follows:

(Net Spendable Salary X Cost of Living Index X Hardship Index X Exchange Rate) less (Net Spendable Salary X Exchange Rate) = COLA Continue reading

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How to Calculate a Cost of Living Allowance – Part 2

The formula for calculating the specific cost of living index for an international assignment is as follows: Cost of Living Index¬†= Customized Cost of Living Index for Host City / Customized Cost of Living Index for Home City When moving … Continue reading

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How to Calculate a Cost of Living Allowance – Part 1

A Cost of Living Allowance (COLA) is a salary supplement paid to employees to cover differences in the cost of living, particularly as a result of an international assignment. The amount of COLA should enable an expatriate to be able … Continue reading

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