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Tag Archives: Living wage
Why is the cost of living index (COLI) different in every location?
When comparing the cost of living between 2 locations the difference in the aggregate cost of the selected basket groups are examined in each location using the average reported price in each location for the same quantity of each item. … Continue reading
Posted in cost of living index, cost of living rankings Tagged cost of living, cost of living index, exchange rate, Living wage Comments Off on Why is the cost of living index (COLI) different in every location?
What Are Basket Groups? Do They Affect The Cost of Living?
Basket groups are those items that you need to buy on a daily, weekly or monthly basis. Some of these items are paid for by the employer on an expatriate assignment and others that come out of the employees pocket. … Continue reading
Posted in cost of living Tagged Basket groups, cost of living, expatriate, Labour, Living wage Comments Off on What Are Basket Groups? Do They Affect The Cost of Living?