tag:blogger.com,1999:blog-33562157502208562802024-03-07T23:01:50.677-08:00News From Numbeo.comAdamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-3356215750220856280.post-10342587791237382042015-07-21T23:20:00.000-07:002015-07-21T23:20:42.685-07:00Quality of Life Index 2015 Mid Year
<style type="text/css">
body {
background-color: #fffff;
}
a.likenormal, a:visited.likenormal {
color: #101010;
text-decoration: none;
}
.noborder {
text-decoration: none;
border: 0;
}
.linkfulllistbig {
padding: 3px;
margin: 3px;
background-color: #FFD857;
border: 1px solid black;
border-radius: 5px;
text-decoration: none;
}
.biglink {
padding: 3px;
margin: 3px;
font-size: 130%;
text-decoration: none;
}
.smallerfont {
font-size: 85%;
}
h2 {
padding-top: 1ex;
}
</style>
</head>
<body>
<p/>
<a href="http://www.numbeo.com/quality-of-life/rankings.jsp" class="biglink">Quality of Life Index 2015 Mid Year</a>
<p/>
<h2>Worldwide</h2>
<table>
<tr><th align="left" colspan="1" class="smallerfont">Top 10</th><th class="smallerfont">Quality of Life Index</th></tr>
<tr><td>
Zurich</td><td align="right">288.36</td></tr>
<tr><td>
Canberra</td><td align="right">286.87</td></tr>
<tr><td>
Ottawa</td><td align="right">279.46</td></tr>
<tr><td>
Munich</td><td align="right">266.09</td></tr>
<tr><td>
Gothenburg</td><td align="right">235.88</td></tr>
<tr><td>
Copenhagen</td><td align="right">235.67</td></tr>
<tr><td>
Calgary</td><td align="right">234.45</td></tr>
<tr><td>
Brisbane</td><td align="right">231.12</td></tr>
<tr><td>
Trondheim</td><td align="right">230.37</td></tr>
<tr><td>
Adelaide</td><td align="right">225.83</td></tr>
</table>
<p/>
<a href="http://www.numbeo.com/quality-of-life/rankings.jsp" class="linkfulllistbig">View Full Global List »</a>
<p/>
<h2>Europe</h2>
<table>
<tr><th align="left" colspan="1" class="smallerfont">Top 5</th><th class="smallerfont">Quality of Life Index</th></tr>
<tr><td>
Zurich</td><td align="right">288.36</td></tr>
<tr><td>
Munich</td><td align="right">266.09</td></tr>
<tr><td>
Gothenburg</td><td align="right">235.88</td></tr>
<tr><td>
Copenhagen</td><td align="right">235.67</td></tr>
<tr><td>
Trondheim</td><td align="right">230.37</td></tr>
</table>
<p/>
<a href="http://www.numbeo.com/quality-of-life/region_rankings.jsp?title=2015-mid®ion=150" class="linkfulllistbig">View Full List for Europe »</a>
<p/>
<h2>America</h2>
<table>
<tr><th align="left" colspan="1" class="smallerfont">Top 5</th><th class="smallerfont">Quality of Life Index</th></tr>
<tr><td>
Ottawa</td><td align="right">279.46</td></tr>
<tr><td>
Calgary</td><td align="right">234.45</td></tr>
<tr><td>
Edmonton</td><td align="right">224.84</td></tr>
<tr><td>
Denver, CO</td><td align="right">223.94</td></tr>
<tr><td>
Boston, MA</td><td align="right">213.06</td></tr>
</table>
<p/>
<a href="http://www.numbeo.com/quality-of-life/region_rankings.jsp?title=2015-mid®ion=019" class="linkfulllistbig">View Full List for America »</a>
<p/>
<h2>Asia</h2>
<table>
<tr><th align="left" colspan="1" class="smallerfont">Top 5</th><th class="smallerfont">Quality of Life Index</th></tr>
<tr><td>
Abu Dhabi</td><td align="right">216.47</td></tr>
<tr><td>
Seoul</td><td align="right">212.98</td></tr>
<tr><td>
Bursa</td><td align="right">196.31</td></tr>
<tr><td>
Dubai</td><td align="right">182.06</td></tr>
<tr><td>
Tokyo</td><td align="right">166.47</td></tr>
</table>
<p/>
<a href="http://www.numbeo.com/quality-of-life/region_rankings.jsp?title=2015-mid®ion=142" class="linkfulllistbig">View Full List for Asia »</a>
<p/>
<h2>Oceania</h2>
<table>
<tr><th align="left" colspan="1" class="smallerfont">Top 5</th><th class="smallerfont">Quality of Life Index</th></tr>
<tr><td>
Canberra</td><td align="right">286.87</td></tr>
<tr><td>
Brisbane</td><td align="right">231.12</td></tr>
<tr><td>
Adelaide</td><td align="right">225.83</td></tr>
<tr><td>
Melbourne</td><td align="right">225.37</td></tr>
<tr><td>
Perth</td><td align="right">204.00</td></tr>
</table>
<p/>
<a href="http://www.numbeo.com/quality-of-life/region_rankings.jsp?title=2015-mid®ion=009" class="linkfulllistbig">View Full List for Oceania »</a>
<p/>
Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com70tag:blogger.com,1999:blog-3356215750220856280.post-48956303196403894032014-07-01T01:04:00.002-07:002014-07-01T01:04:26.002-07:00Cost of Living Index 2014 Mid Year<img src="http://www.numbeo.com/images/numbeo_h70px.png" alt="Numbeo" />
<p/>
<font size="+2" color="#2222aa">Cost of Living Index 2014 Mid Year</font>
<p/>
(July 1st, 2014)
<p/>
Numbeo, the world's largest database of user contributed data about living conditions in cities and countries worldwide, <a href="http://www.numbeo.com/cost-of-living/rankings.jsp">released mid year 2014 rankings</a>. The most expensive cities in the world, in mid 2014 are Zurich (CPI index 159.51), Stavanger (156.71) and Geneva (150.43). Indian cities Thiruvananthapuram (22.25), Coimbatore (24.57) and
Indore (25.90) are the least expensive cities in the world.
<p/>
<a href="http://www.numbeo.com/cost-of-living/region_rankings.jsp?title=2014-mid®ion=150">In Europe</a>, cities in Switzerland and Norway dominate the list of most expensive cities, while the least expensive cities in Europe are Bitola (index 37.88), followed by Chisinau (38.40) and Dnipropetrovsk (40.53). Cities in Europe, out of all continents, have the highest variance in prices. For more details please visit <a href="http://www.numbeo.com/cost-of-living/region_rankings.jsp?title=2014-mid®ion=150">Europe: Cost of Living Index 2014 Mid Year</a>.
<p/>
<a href="http://www.numbeo.com/cost-of-living/region_rankings.jsp?title=2014-mid®ion=019">In America<a/>, due to the fact that the official exchange rate is artificially low, Caracas (index 132.98) became the most expensive city and La Paz (39.24) is the least expensive.
<p/>
<a href="http://www.numbeo.com/cost-of-living/region_rankings.jsp?title=2014-mid®ion=002">In Africa</a>, the most expensive city is Luanda (index 117.82) distantly followed by Accra (91.19) and
Lagos (73.93). The least expensive cities in Africa are Alexandria (35.87), Cairo (37.97) and Tunis (40.19).
<p/>
<a href="http://www.numbeo.com/cost-of-living/region_rankings.jsp?title=2014-mid®ion=142">In Asia</a>, Changi (107.06), an eastern area in Singapore, is the most expensive, followed by Tokyo (105.87) and Singapore (103.02).
<p/>
<a href="http://www.numbeo.com/cost-of-living/region_rankings.jsp?title=2014-mid®ion=009">In Oceania</a>, all cities are fairly expensive (for which Numbeo has good dataset). Darwin (127.09) is at the top of the list and Cairns (104.95) at the bottom.
<p/>
Numbeo also publishes other rankings, such as <a href="http://www.numbeo.com/quality-of-life/rankings.jsp">Quality of Life Rankings</a>. According to its quality of life rankings, cities with the best quality of life in the world are Canberra, Ottawa and Frankfurt. Cities with the worst quality of life are Caracas, Ulaanbaatar and Rio De Janeiro. <a href="http://www.numbeo.com/quality-of-life/rankings.jsp">More details</a>
<p/>
About: <a href="http://www.numbeo.com/common/">Numbeo</a> is a crowdsourced website with open methodology which gathered more than 1.3 million data entries about living conditions worldwide since 2009. Numbeo is founded in 2009 by Mladen Adamovic, ex-Google software engineer. Mladen also worked for Sungard, Troxo and University of Banja Luka. He obtained M.Sc. Electrical Engineering from University of Banja Luka in 2006 and B.Sc. Math from University of Belgrade in 2003.
<p/>
Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com37tag:blogger.com,1999:blog-3356215750220856280.post-79661502429671706612014-01-28T03:33:00.005-08:002014-01-28T03:33:40.936-08:00The Most Expensive Cities in 2014 by Numbeo's Cost of Living International Rankings<div dir="ltr" style="text-align: left;" trbidi="on">
The biggest free cost of living database, Numbeo, collected more than 1.1 million data from more than 130000 contributors since 2009. The result of Numbeo's survey, shows, that in the beginning of 2014, the most expensive cities (excluding rent) are Zurich (index 157.47), Trondheim (152.89) and Geneva (162.34). The least expensive are Thiruvananthapuram (21.17), Tiruchirapalli (23.23) and Indore (23.94) in India.<br />
<br />
Numbeo is currently tracking the prices of 48 goods and services. In Numbeo's survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Lucerne in Switzerland scores 150.75 points and is nearly three times as costly as Consanta in Romania with an index score of 50.32.<br />
<br />
In Europe, many cities in Switzerland and Norway are among the most expensive on the list, followed by Paris (120.68). In South America, Caracas (122.82) in Venezuela became the most expensive mostly due to low official exchange rate. Honolulu in Hawaii (106.27) was rated as the most expensive in North America. In Asia, Tokyo (104.20) is the most expensive followed by Singapore (101.30) and Seoul (92.66).<br />
<br />
Rent in the world is the most expensive in Hong Kong (rent index 108.91) followed by New York (100) and Singapore (99.76).<br />
<br />
Cities with the lowest rent are Rawalpindi in Pakistan, followed by Surat and Bhopal in India.<br />
<br />
For complete rankings please visit <a href="http://www.numbeo.com/cost-of-living/rankings.jsp">http://www.numbeo.com/cost-of-living/rankings.jsp</a><br />
<br />
About Numbeo.com –<br />
<a href="http://numbeo.com/">Numbeo.com</a> is the largest free Internet database about cost of living and property prices worldwide. Numbeo.com allows visitors to estimate their own cost of living expenses if they are relocating. It uses data contributions from people all around the world to make statistical analysis of these data for free availability to everyone in a structured manner. Getting this information earlier was far more expensive and difficult. Numbeo publishes yearly indexes such as the consumer price index and property market index per city and per country.<br />
<br />
<br />
<br />
<br />
<br />
<br /></div>
Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com112tag:blogger.com,1999:blog-3356215750220856280.post-79379326092617513352013-10-07T04:56:00.001-07:002013-10-07T04:56:35.371-07:00New Numbeo release brings support for mobile phones!<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="background-color: white; color: #333333; font-family: 'Helvetica Neue', Arial, sans-serif; font-size: 13px; line-height: 18px;">New </span><a class="twitter-timeline-link" href="http://www.numbeo.com/" style="background-color: white; color: #0084b4; font-family: 'Helvetica Neue', Arial, sans-serif; font-size: 13px; line-height: 18px; text-decoration: none !important;">www.numbeo.com</a><span style="background-color: white; color: #333333; font-family: 'Helvetica Neue', Arial, sans-serif; font-size: 13px; line-height: 18px;"> release brings support for mobile phones. Let me know if you encounter any problem. New mobile version of the website is supposed to load automatically when you access the website from the mobile phone.</span><br />
<span style="background-color: white; color: #333333; font-family: 'Helvetica Neue', Arial, sans-serif; font-size: 13px; line-height: 18px;"><br /></span></div>
Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com1tag:blogger.com,1999:blog-3356215750220856280.post-84311864870893871422013-10-02T00:11:00.002-07:002013-10-02T00:11:03.971-07:00BudgetDirect Provides Interesting User Experience over Numbeo Data<div dir="ltr" style="text-align: left;" trbidi="on">
BudgetDirect do provide interesting user experience using Numbeo data in their <a href="http://www.budgetdirect.com.au/costofliving/">cost of living tool </a>. I'm interested to hear what do you like and what do you dislike in their tool, especially regarding look&feel.<br />
<div>
<br /></div>
</div>
Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com1tag:blogger.com,1999:blog-3356215750220856280.post-14821520826704106822013-02-27T04:28:00.003-08:002013-02-27T04:28:57.910-08:00Top 10 Safest Countries in the World in 2013<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
Japan is the safest country in the world in 2013, according to Numbeo, the world’s largest database of user contributed data about cities and countries worldwide.<br />
<br />
Top 10 safest countries, according to Numbeo are:<br />
- Japan (safety index 86.89)<span class="Apple-tab-span" style="white-space: pre;"> </span><br />
- Taiwan (83.74)<br />
- Hong Kong (83.43)<br />
- South Korea (82.60)<br />
- United Arab Emirates (81.99)<br />
- Malta (81.46)<br />
- Luxembourg (81.25)<br />
- Georgia (80.43)<br />
- Bahrain (80.21)<br />
- Singapore (80.02)<br />
- Iceland (77.68)<br />
<br />
The full list is available at:<br />
<a href="http://www.numbeo.com/crime/rankings_by_country.jsp">http://www.numbeo.com/crime/rankings_by_country.jsp</a><br />
<div>
<br /></div>
</div>
Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com3tag:blogger.com,1999:blog-3356215750220856280.post-59762996127464508872013-02-27T04:28:00.001-08:002013-02-27T04:28:33.642-08:00Numbeo, the world’s largest database of user contributed data about cities and countries worldwide, has chosen Iceland as the least polluted country in 2013<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
Top 10 the least polluted countries, according to Numbeo are:<br />
- Iceland (pollution index 9.85)<br />
- Estonia (16.38)<br />
- Finland (18.53)<br />
- Sweden (18.79)<br />
- Australia (20.89)<br />
- New Zealand (21.80)<br />
- Switzerland (22.97)<br />
- Norway (23.35)<br />
- Lithuania (25.17)<br />
- Canada (26.52)<br />
<br />
The full list is available at:<br />
<a href="http://www.numbeo.com/pollution/rankings_by_country.jsp">http://www.numbeo.com/pollution/rankings_by_country.jsp</a><br />
</div>
Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com3tag:blogger.com,1999:blog-3356215750220856280.post-68664207235451857312013-02-27T04:27:00.002-08:002013-02-27T04:27:46.953-08:00Numbeo: Quality of Life Index by City 2013 <div dir="ltr" style="text-align: left;" trbidi="on">
<br />
ZURICH is the city with the best quality of life in 2013, according to an annual report by Numbeo, the world's largest database of user contributed data about cities and countries worldwide. For its quality of life index 2013 it gathered data from more than 76000 people around the world.<br />
<br />
The cities which are ranked highest in quality of life are:<br />
- Zurich, Switzerland (score 233.72)<br />
- Canberra, Australia (219.15)<br />
- Adelaide, Australia (214.61)<br />
- Berlin, Germany (213.50)<br />
- Munich, Germany (210.24)<br />
- Edmonton, Canada (208.74)<br />
- Calgary, Canada (202.72)<br />
- Hamburg, Germany (201.55)<br />
- Austin, TX, United States (199.52)<br />
- Dubai, United Arab Emirates (195.49)<br />
<br />
Full rankings are available at:<br />
<a href="http://www.numbeo.com/quality-of-life/rankings.jsp">http://www.numbeo.com/quality-of-life/rankings.jsp</a><br />
<br />
About Numbeo:<br />
Numbeo is the world's largest database of user contributed data about cities and countries worldwide. Numbeo provides current and timely information on world living conditions including cost of living, housing indicators, health care, traffic, crime and pollution. Numbeo was founded in 2009 by Mladen Adamovic, former Google software engineer. Numbeo was mentioned or used as a source by many international medias, newspapers and magazines including Forbes, Business Insider, The Telegraph, Time, San Francisco Chronicle, The Age, The Sydney Morning Herald, China Daily, The Vancouver Sun and Elmundo. For more information about Numbeo please visit: <a href="http://www.numbeo.com/common/about.jsp">http://www.numbeo.com/common/about.jsp</a><br />
</div>
Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com10tag:blogger.com,1999:blog-3356215750220856280.post-41069396781346921142013-02-04T03:19:00.001-08:002013-02-04T03:19:05.628-08:00Property Prices Indexes 2013<div dir="ltr" style="text-align: left;" trbidi="on">
Numbeo did publish it's property price indexes for 2013.<br />
<br />
Property Price Index by city is available at: <a href="http://www.numbeo.com/property-investment/rankings.jsp">http://www.numbeo.com/property-investment/rankings.jsp</a><br />
<br />
Property Price Index by country is available at : <a href="http://www.numbeo.com/property-investment/rankings_by_country.jsp">http://www.numbeo.com/property-investment/rankings_by_country.jsp</a><br />
<br /></div>
Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com5tag:blogger.com,1999:blog-3356215750220856280.post-44688209573250037632013-02-04T03:16:00.003-08:002013-02-04T03:16:26.674-08:00Cost of Living Index for 2013 - Norway, Switzerland and Australia are most expensive<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
Based on 48 goods and services, Numbeo's survey for 2013 is made using a data cut on 4th of February 2013. This year data cut contains 367958 entries from 33448 individual contributors worldwide.<br />
<br />
The data on city level are showing Norwegian cities Stavanger, Trondheim, Oslo and Bergen on top of the list of most expensive cities. Several cities in Switzerland are also among the most expensive in the world: Zurich, Geneva, Basel, Lausanne and Bern. Among the 25 most expensive cities in the world, our list includes also eight Australian cities: Perth, Sydney, Canberra, Hobart, Darwin, Brisbane, Melbourne and Adelaide. Only a few cities which are not in Norway, Switzerland and Australia made their way into the top 25 most expensive list: Luanda in Angola, Stockholm in Sweden, Arhus and Copenhagen in Denmark, Paris in France, Luxembourg and on 25th place Tokyo in Japan.<br />
<br />
List with details on city level is available at: <a href="http://www.numbeo.com/cost-of-living/rankings.jsp">http://www.numbeo.com/cost-of-living/rankings.jsp</a><br />
<br />
On the country level, our data and research suggests that the most expensive countries are:<br />
- Norway (index 173.85)<br />
- Switzerland (151.77)<br />
- Australia (133.66)<br />
- Luxembourg (124.76)<br />
- Denmark (119.95)<br />
- Japan (115.24)<br />
- Sweden (114.47)<br />
- New Zealand (113.63)<br />
- Bahrain (113.49)<br />
- Iceland (112.43)<br />
<br />
The least expensive countries are:<br />
- India (30.92)<br />
- Pakistan (33.41)<br />
- Nepal (38.74)<br />
- Algeria (41.49)<br />
- Bolivia (41.50)<br />
- Vietnam (43.21)<br />
- Egypt (44.82)<br />
- Bangladesh (44.83)<br />
- Indonesia (46.14)<br />
- Macedonia (46.48)<br />
<br />
Full country comparison table is available at:<br />
<a href="http://www.numbeo.com/cost-of-living/rankings_by_country.jsp">http://www.numbeo.com/cost-of-living/rankings_by_country.jsp</a><br />
<br />
About Numbeo:<br />
Numbeo is the world’s largest database of user contributed data about cities and countries worldwide. Numbeo provides current and timely information on world living conditions including cost of living, housing indicators, health care, traffic, crime and pollution. Numbeo was founded by Mladen Adamovic, former Google software engineer in 2009. Numbeo was mentioned or used as a source by many international medias, newspapers and magazines including Forbes, Business Insider, The Telegraph, Time, San Francisco Chronicle, The Age, The Sydney Morning Herald, China Daily, The Vancouver Sun and Elmundo. For more information about Numbeo please visit: <a href="http://www.numbeo.com/common/about.jsp">http://www.numbeo.com/common/about.jsp</a><br />
<div>
<br /></div>
</div>
Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com90tag:blogger.com,1999:blog-3356215750220856280.post-83885601170282251962012-10-24T04:06:00.000-07:002012-10-24T06:08:35.144-07:00Weird Things Learned From Gathering Prices All Over The World<div dir="ltr" style="text-align: left;" trbidi="on">
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">In China, which is consider as among the cheapest in the world, (cow) cheese is usually more expensive than in Europe (and many other places). It might not be available in cities of 500.000 size! The reason for this is that Chinese people don't eat cheese and milk (apart of being young). They cannot digest lactose, milk sugar. Europeans have different digestive system, changed by centuries of eating milk and milk processed products as cheese. Cheese is actually highly processed food and is high in saturated fat and sodium and is considered not healthy for cardiovascular system. A friend of mine recently was diagnosed with cholesterol and doctor told him that was because he did drink 1 liter of milk per day (and he was also a big fan of cheese). Doctor advised him to drink soy milk instead. After looking soy milk which he finds enjoyable he found a chocolate soy milk he do enjoy and now he feels addicted to chocolate soy milk :-).</span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;"><br /></span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">I've read that in </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">Sri Lanka, prices of potato goes up/down +300 percent during the year.</span></div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">The explanation for this weird thing was that due to high moisture </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">it's not possible to store potato and therefore when most of potato is </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">available it becomes cheaper and later much more expensive.</span><br />
<div>
<span style="color: #222222; font-family: arial, sans-serif; font-size: x-small;"><br /></span></div>
<div>
<span style="color: #222222; font-family: arial, sans-serif; font-size: 13px;">Numbeo might show that in certain cities some items are cheaper than country cheapest!</span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">When calculating existing algorithm takes into account only entries </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">which are not classified as spam.</span><br />
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">Than it discards the lowest 25% of entries and highest 25% of entries.</span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">That's why a reader of a website noticed weird thing - La Ceiba cheaper than</span><span style="background-color: white;"> </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">Honduras itself! It happened because those lowest entries of La Ceiba where </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">discarded when calculating average for Honduras.</span><br />
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">It sounded like a plan, knowing that website relies on inputs from </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">visitors which might not always be correct, but here it shows a kind of weakness.</span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;"><br /></span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">In Latin America, I've read from visitors of the website that, for </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">example in Paraguay there are two types of places to rent : 1. for </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">foreigners, overpriced 2. for locals.</span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">Even if you call real estate agency from Honduras you might not know</span><span style="background-color: white;"> </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">the "real" price because you are out of reach for second types of </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">apartments.</span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;"><br /></span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">Even Numbeo data has weaknesses, </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">if you purchase the data from provider which uses an employee </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">to gather the data, you don't have guarantees that employee took into </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">account:</span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">- oscillations of price during the year</span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">- prices for </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">foreigners/locals</span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">- the best representative of mid range </span><span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">restaurant, for example</span></div>
<div>
<span style="background-color: white; color: #222222; font-family: arial, sans-serif; font-size: 13px;">- the best representative for each comparative item or the supermarket in general</span></div>
<div>
<span style="color: #222222; font-family: arial, sans-serif; font-size: 13px;">Also, employee might make an error when collecting data as well.</span></div>
<div>
<span style="color: #222222; font-family: arial, sans-serif; font-size: 13px;">Currency exchange changes during the year so comparing values is even more difficult if only in certain months data are gathered for statistical purposes.</span></div>
<div>
<span style="color: #222222; font-family: arial, sans-serif; font-size: x-small;"><br /></span></div>
<div>
<span style="color: #222222; font-family: arial, sans-serif; font-size: x-small;"><br /></span></div>
<div>
<span style="color: #222222; font-family: arial, sans-serif;"><span style="font-size: x-small;"><br /></span></span></div>
<div>
<span style="color: #222222; font-family: arial, sans-serif;"><span style="font-size: x-small;"><br /></span></span></div>
</div>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com2tag:blogger.com,1999:blog-3356215750220856280.post-56665261254718239972012-03-19T13:33:00.000-07:002012-03-19T13:40:44.025-07:00Numbeo's Quality of Life Index by Country 2012Numbeo.com is the world leading website which uses crowd sourced information to analyze and extract global information about cost of living, property prices, pollution, traffic, crime, health care and quality of living in overall.<br />For it's Quality of Life Index by Country 2012 it gathered data from more than 40000 people around the world.<br /><br />The countries which are ranked highest in quality of life are:<br />- Switzerland (194.11)<br />- Germany (184.42)<br />- Norway (183.43)<br />- United Arab Emirates (177.07)<br />- New Zealand (174.28)<br />- Sweden (171.72)<br />- Canada (164.99)<br />- Denmark (163.12)<br />- Australia (162.03)<br />- Austria (159.89)<br />- Netherlands (158.07)<br />- United States (140.62)<br />- Japan (130.52)<br /><br />Full rankings are available at:<br /><a href="http://www.numbeo.com/quality-of-life/rankings_by_country.jsp">http://www.numbeo.com/quality-of-life/rankings_by_country.jsp</a><br /><br />To calculate these indexes, Numbeo.com used contributed data from users about cost of living, purchasing power, affordability of housing, perceptions about pollution, crime rates, health system quality and commute times in traffic.<br /><br />For more information:<br /><a href="http://www.numbeo.com/common/">http://www.numbeo.com/common/</a>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com7tag:blogger.com,1999:blog-3356215750220856280.post-25735791399513531512012-01-03T12:02:00.000-08:002012-01-03T12:09:41.021-08:00Top 20 Most Expensive Cities in The World in 2012Based on 45 goods and services, Numbeo.com cost of living survey for beginning of 2012 were conducted by more than 23000 independent contributors who entered more than 241000 prices. The most expensive cities (excluding rent) are Trondheim and Stavanger in Norway, followed by Zurich in Switzerland.<br /><br /><br />In Numbeo's survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Tokyo (Japan) scores 135.23 points and is nearly three times as costly as Manila (Philippines) with 47.34 points.<br /><br />In the 2012, the most expensive cities (excluding rent) are : <br />- Trondheim, Norway (188.91)<br />- Stavanger, Norway (171.32)<br />- Zurich, Switzerland (152.84)<br />- Oslo, Norway (152.03)<br />- Geneva, Switzerland (146.24)<br />- Bern, Switzerland (142.44)<br />- Lucerne, Switzerland (139.94)<br />- Perth, Australia (139.63)<br />- Bergen, Norway (138.79)<br />- Tokyo, Japan (135.23)<br />- Sydney, Australia (132.39)<br />- Adelaide, Australia (129.60)<br />- Monaco, Monaco (128.15)<br />- Copenhagen, Denmark (123.82)<br />- Edinburgh, United Kingdom (122.52)<br />- Melbourne, Australia (121.53)<br />- Dublin, Ireland (119.56)<br />- London, United Kingdom (118.52)<br />- Arhus, Denmark (115.96)<br />- Canberra, Australia (115.89)<br /><br />For complete rankings please visit <a href="http://www.numbeo.com/cost-of-living/rankings.jsp">http://www.numbeo.com/cost-of-living/rankings.jsp</a>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com0tag:blogger.com,1999:blog-3356215750220856280.post-64524981565575479342011-08-15T12:09:00.001-07:002011-08-15T12:17:07.383-07:00Numbeo.com now compares pollution, crime, health care and traffic by cityAs you might know, Numbeo.com started as cost of living and property prices comparison website, using entries from visitors (contributors).
<br />
<br />But for living in certain city many other things might be important like how would you feel living over there, culture shock, education systems, schools, crime rate, pollution, health care system, transportation, housing options, jobs availability...
<br />
<br />To help users obtain more information about living in a certain city,
<br />Numbeo.com will now use contributions from users to measure <a href="http://www.numbeo.com/pollution/">pollution</a>, <a href="http://www.numbeo.com/crime/">crime</a>, <a href="http://www.numbeo.com/health-care/">health care</a> and <a href="http://www.numbeo.com/traffic/">traffic</a> by city.
<br />
<br />Thank you to all who contributed with data at Numbeo.com - without you, maybe the website would have great software however it would not be useful.
<br />
<br />More features coming soon at Numbeo.com
<br />Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com4tag:blogger.com,1999:blog-3356215750220856280.post-90690380970546318452011-07-07T12:31:00.000-07:002011-07-07T04:41:44.526-07:00Top 20 Most Expensive Cities in The World (Mid 2011)Based on 38 goods and services, Numbeo.com cost of living survey for mid 2011 were conducted by more than 13990 independent contributors who entered more than 145600 prices. The most expensive cities (excluding rent) are Stavanger and Oslo in Norway, followed by Zurich and Basel in Switzerland.<br /><br /><br />In Numbeo's survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Sydney (Australia) scores 131.47 points and is nearly three times as costly<br />as Manila (Philippines) with 46.72 points.<br /><br />In the mid of 2011, the most expensive cities (excluding rent) are :<br />- Stavanger, Norway (CPI 186.74)<br />- Oslo, Norway (166.9)<br />- Zurich, Switzerland (164)<br />- Basel, Switzerland (158.95)<br />- Geneva, Switzerland (154.78)<br />- Lausanne, Switzerland (153.1)<br />- Perth, Australia (146.58)<br />- Lucerne, Switzerland (144.92)<br />- Copenhagen, Denmark (141.58)<br />- Monaco, Monaco (138.54)<br />- Bergen, Norway (137.9)<br />- Rotterdam, Netherlands (136)<br />- Sydney, Australia (131.47)<br />- Dublin, Ireland (129.88)<br />- Lugano, Switzerland (129.75)<br />- Nice, France (129.55)<br />- Tokyo, Japan (127.9)<br />- Amsterdam, Netherlands (126.81)<br />- Stockholm, Sweden (125.61)<br />- Brisbane, Australia (125.14)<br /><br />For complete current rankings (updated biweekly) please visit Numbeo's <a href="http://www.numbeo.com/cost-of-living/rankings_current.jsp">http://www.numbeo.com/cost-of-living/rankings_current.jsp</a>.Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com4tag:blogger.com,1999:blog-3356215750220856280.post-47767248420844447452011-06-18T10:12:00.001-07:002011-06-20T10:22:29.485-07:00Numbeo.com in the media / newsDuring more than two years of being online, Numbeo.com managed to bring attention of more than 2 million of visitors and was covered in many international newspapers and magazines.<br /><br />Forbes said "Numbeo.com has relative country-by-country breakouts for rent, groceries and restaurants." <br /><br />ABC (in Spanish) said : "and aroused by the curiosity of the bloggers for yesterday, Numbeo, a comparator cost of living between two countries, is the reference for averages price of some goods and services such as housing, public transportation or restaurants. "<br /><br />Downloadsquad brought an article : "Comment followup: Numbeo is another (better) cost of living calculator" <br /><br />Redferret magazine : "Numbeo, created by ex-Google engineer Mladen Adamovic, is an ultra cool data site which lets you compare the cost of living in your city with other cities around the country and the world." <br /><br />Numbeo was covered in most major medias in Serbia (including B92 and Blic) and Romania (including Romania Libera, Gandul.info, Dailybusiness.ro, Informazia zilei, Libertatea, ...).<br /><br />Numbeo was also in Bulgarian magazine Expert.bg, Spanish magazine Internetizado, German magazine "Lateinamerika Reisemagazin", Aministradores magazine in Brazil, etc.<br /><br />The partial list with links is available at <br /><a href="http://www.numbeo.com/common/in_the_news.jsp">http://www.numbeo.com/common/in_the_news.jsp</a>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com0tag:blogger.com,1999:blog-3356215750220856280.post-56232315289092509762011-02-08T14:11:00.000-08:002011-02-08T14:14:56.933-08:00Numbeo's 2011 Cost of Living Index HighlightsBased on 38 goods and services, Numbeo.com cost of living survey for 2011 were conducted by 6628 independent contributors. The most expensive cities (excluding rent) are Oslo and Stavanger in Norway, followed by Zurich and Geneva in Switzerland. The least expensive are Hyderabad, Bangalore and Chennai in India.<br /><br />In Numbeo's survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Sydney (Australia) scores 113.14 points and is nearly three times as costly as La Paz (Bolivia) with an index score of 39.00.<br /><br />In the beginning of 2011, most expensive cities (excluding rent) are :<br />- Oslo, Norway (CPI 149.26)<br />- Stavanger, Norway (145.65)<br />- Zurich, Switzerland (143.93)<br />- Geneva, Switzerland (143.71)<br />- Bergen, Norway (142.46)<br />- Basel, Switzerland (141.12)<br />- Lausanne, Switzerland (136.41)<br />- Lucerne, Switzerland (133.04)<br />- Perth, Australia (130.15)<br />- Copenhagen, Denmark (123.87)<br /><br />The least expensive cities in 2011 are Indian cities : Coimbatore, Pune, Chennai, Mumbai and Hyderabad, followed by Islamabad and Karachi in Pakistan.<br /><br />Rent is most expensive in New York , followed by San Francisco (USA), Abu Dhabi (United Arab Emirates) and Lucerne (Switzerland).<br /><br />Cities with the lowest rent are Changchun (China) and Karachi (Pakistan).<br /><br />On country level the most expensive countries in 2011 are Norway, Switzerland, Denmark, Belgium, Australia, Ireland and Netherlands.<br /><br />The least expensive countries in 2011 are India, Pakistan, Bolivia, Vietnam, Philippines, Thailand, and Macedonia.<br /><br />For complete rankings please visit <a href="http://www.numbeo.com/cost-of-living/rankings.jsp" target="_blank">http://www.numbeo.com/cost-of-<wbr>living/rankings.jsp</a>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com0tag:blogger.com,1999:blog-3356215750220856280.post-41512245027895536952011-01-13T02:24:00.000-08:002011-01-13T02:31:51.681-08:00Options for Economy Trends in 2011<p class="MsoNormal" style="line-height:20.25pt;vertical-align:baseline"></p><p class="MsoNormal">The Economist magazine brought an interesting article titled with : “Betting big on bonds“ – an economist advises investors to expect deflation” <a href="http://www.economist.com/node/17853304">http://www.economist.com/node/17853304</a>,</p> <p class="MsoNormal">A paragraph which provokes thinking: “Debt ratios, relative to GDP, are so high that it seems unlikely that most developed economies can grow their way out of the mess. That leaves the unappealing options of default, Japanese-style stagnation or rapid inflation to erode the real value of the debt burden.”</p> <p class="MsoNormal">Debt of developed countries looks bad. If investors stop covering that debt, the country has an option to default. Usually better option is inflationary mechanism– printing money to cover debt. If the inflation rate is higher than interest rate of government bonds, it is not in favor of investors to buy government bonds. Some investors might still buy government bonds even if interest rate is below inflation since it is considered as low risk investment. They do so to diversify their portfolios. </p> <p class="MsoNormal">At the other way, modern global economy is highly competitive which by itself deflatory process. If you can produce a good or make service cheaper, most likely you’ll sell much better than competitors. It was obvious in expansion of big supermarkets (so called hypermarkets). They provided goods cheaper than competitors. Modern economy is deflatory – market wants cheaper goods. </p> <p class="MsoNormal">So the market does deflatory mechanism and government does inflatory mechanism. </p> <p class="MsoNormal">So which is most likely future? Inflation? Deflation? </p> <p class="MsoNormal">Possibilities:</p> <p class="MsoNormal">Defaults of governments and financial institution – this will most likely happen unless government is printing money, since printing money is better for a country than default, countries will print money</p> <p class="MsoNormal">Japanese style stagnation –real estate, stock and general market deflatory mechanism combined with no government default, slow money printing machine and investors preferring government bonds in spite of insane debt to GDP ratio</p> <p class="MsoNormal">Rapid inflation -<span style="mso-spacerun:yes"> </span>sounds like a real possibilities unless certain types of assets are over valuated. </p> <p class="MsoNormal">If certain types of assets are over valuated as housing, it brings unprofitability to many financial and insurance institutions and in general brings stock value down. In the other way, price of commodities goes up due to money printing mechanism and overvaluation of other assets… isn’t it what is happening now? Isn’t the price of housing going down and the price of commodities going up? Isn’t the price of stocks bind to housing going down as well? Which trends do you predict in 2011?</p> <p class="MsoNormal"><o:p> </o:p></p> <p class="MsoNormal"><o:p> </o:p></p><p></p>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com0tag:blogger.com,1999:blog-3356215750220856280.post-18496414698106697022010-12-29T06:04:00.000-08:002010-12-31T01:28:36.560-08:00Numbeo's Economic Predictions For 2011<div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; background-color: transparent; "><ol><li style="font-family: 'Times New Roman'; font-size: medium; "><span class="Apple-style-span" style="font-family: Arial; font-size: 15px; white-space: pre-wrap; ">EUR/USD rate will raise to at least 1.45, since USA has big trade and fiscal deficit and EURO zone has trade sufficit (and smaller fiscal deficit).</span></li><li><span class="Apple-style-span" style="font-family: Arial; font-size: 15px; white-space: pre-wrap; ">EU bailout of Spain and Portugal (after Greece and Ireland).</span></li><li><span class="Apple-style-span" style="font-family: Arial; font-size: 15px; white-space: pre-wrap; ">Gold price will start to fall (comparing to EURO), since what goes up has to go down eventually.</span></li><li><span class="Apple-style-span" style="font-family: Arial; font-size: 15px; white-space: pre-wrap; ">Housing prices will decrease in most countries, especially in East Europe. </span></li><li><span class="Apple-style-span" style="font-family: Arial; font-size: 15px; white-space: pre-wrap; ">Oil prices above 120$ per barrel. With weaker USD and more consumption in 3th world countries the pressure on oil will continue in spite of clean energy incentives.</span></li><li><span class="Apple-style-span" style="font-family: Arial; font-size: 15px; white-space: pre-wrap; ">Increase of food prices worldwide due to food commodities increase - bread price will increase </span></li><li><span class="Apple-style-span" style="font-family: Arial; font-size: 15px; white-space: pre-wrap; ">More governmental interventions in the economy to speed up post Great Recession economical recovery.</span></li></ol><div><span class="Apple-style-span"><span class="Apple-style-span" style="font-size: 15px; white-space: pre-wrap;"><br /></span></span></div><span style="color: rgb(0, 0, 0); font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; background-color: transparent; "></span><span style="font-size: 11pt; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-size: 11pt; background-color: transparent;"></span><br /></div>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com0tag:blogger.com,1999:blog-3356215750220856280.post-72645839304079576342010-03-02T07:00:00.001-08:002010-10-31T07:30:12.851-07:00Numbeo’s 2010 Cost of Living International Rankings<p>In Numbeo’s survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Copenhagen scores 138.91 points and is nearly three times as costly as Buenos Aires in Argentina with an index score of 47.15.</p><p>In the beginning of 2010, most expensive cities (excluding rent) are :<br />- Stavanger, Norway (CPI 169.20)<br />- Oslo, Norway (152.85)<br />- Breda, Netherlands (139.70)<br />- Copenhagen, Denmark (138.91)<br />- Zurich, Switzerland (132.03)<br />- Paris, France (130.30)<br />- Geneva, Switzerland (122.69)<br />- Milan, Italy (122.58)<br />- Dublin, Ireland (120.79)<br />- Brussels, Belgium (120.00)</p><p>The least expensive cities in 2010 are Bangalore, Chennai, Hyderabad, Delhi and Pune in India, followed by Kiev (Ukraine), Dnipropetrovsk (Ukraine), Bangkok (Thailand), Kuala Lumpur (Malaysia) and La Paz (Bolivia).<br />Rent is most expensive in Abu Dhabi (United Arab Emirates) followed by London (United Kingdom), Geneva (Switzerland), Stavanger (Norway) and New York (United States).</p><p>Cities with lowest rent are Ahmedabad and Hyderabad in India. Other international citites with low rent are Medellin (Colombia), Constanta (Romania), Asuncion (Paraguay) and Banja Luka (Bosnia and Herzegovina).</p><p>On country level most expensive countries in 2010 are Norway, Denmark, Netherlands, France, Switzerland, Belgium, Ireland, Italy and Finland.</p><p>The least expensive countries in 2010 are India, Ukraine, Pakistan, Thailand, Malaysia, Bolivia, Indonesia, China, Belarus, Ecuador and Romania.</p><p>For complete rankings please visit <a title="Cost of Living Index 2010" href="http://www.numbeo.com/cost-of-living/rankings.jsp" target="_blank">Cost of Living Index 2010</a>.</p><p>About Numbeo.com –<br />Numbeo.com (http://www.numbeo.com) is the largest free Internet database about cost of living and property prices worldwide. Numbeo.com allows visitors to estimate their own cost of living expenses if they are relocating. It uses data contributions from people all around the world to make statistical analysis of these data for free availability to everyone in a structured manner. Getting these informations earlier was far more expensive and difficult. Numbeo provides different tools around its data like <a href="http://www.numbeo.com/cost-of-living/calculator.jsp">Cost of Living Calculator</a> and <a href="http://www.numbeo.com/cost-of-living/compare_countries.jsp">Cost of Living Comparison</a>. Numbeo publishes yearly indexes such as consumer price index and property market index per city and per country.</p><p>The founder of Numbeo.com is Mladen Adamovic. Mladen was a software engineer in Google Inc., Dublin, Ireland between Feb 2007 and Feb 2009. Before joining Google he spent three years teaching and researching at University of Banja Luka, Bosnia and Herzegovina. He obtained M.Sc. Electrical Engineering from University of Banja Luka in 2006 and B.Sc. Math from University of Belgrade in 2003.</p>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com0tag:blogger.com,1999:blog-3356215750220856280.post-22124250464383890222010-03-02T07:00:00.000-08:002010-10-31T07:29:45.547-07:00Travel Costs Rankings for 2010 (Numbeo) : NYC is the most expensive, Delhi is the least expensive<p>Numbeo.com uses data provided by community members about prices in many cities worldwide. Among indexes it calculates are travel costs index. Travel costs index is a relative estimation of expenses for visitors in a given city and includes prices of hotels, restaurants and transportation.</p><p>In Numbeo’s survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO.</p><p>Places which are most expensive for regular visitors (assuming mid-range restaurant and 3 or 4 star hotels, taking some taxi and public transport) :</p><ul><br /><li>New York, United States (100.00)</li><li>Stavanger, Norway (94.81)</li><li>Oslo, Norway (80.89)</li><li>Paris, France (78.97)</li><li>Copenhagen, Denmark (76.69)</li></ul><p>The least expensive places for visitors are :</p><ul><br /><li>Delhi, India (14.77)</li><li>Hyderabad, India (14.80)</li><li>Beijing, China (17.53)</li><li>Bangkok, Thailand (17.79)</li><li>Gurgaon, India (18.53)</li><li>Bitola, Macedonia (19.84)</li></ul><p>Backpacker’s travels index assumes visitor is using only public transportation, hostels and 1 and 2 star hotels and eating in inexpensive restaurants.</p><p>The most expensive places for backpacker’s are : Stavanger, Norway (256.60), Copenhagen (149.40), and Oslo, Norway (138.51). Caracas ranked very high 194.90 since hotels providers used in research (Kayak) didn’t offer more affordable accommodation.</p><p>The least expensive places for backpacker’s are Indian cities Ahmedabad, Delhi, Gurgaon followed by Dnipropetrovsk in Ukraine and Bangkok in Thailand.</p><p>For complete rankings please visit <a href="http://www.numbeo.com/travel-costs/rankings.jsp">http://www.numbeo.com/travel-costs/rankings.jsp</a></p>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com2tag:blogger.com,1999:blog-3356215750220856280.post-77950200701721940862010-03-01T07:00:00.002-08:002010-10-31T07:30:50.357-07:00What are good housing indicators?<p>Rental yield :</p><p>3% = do not buy<br />6% = borderline<br />9% = ok to buy</p><p>House Price to Income Ratio:</p><p>11x = do not buy<br />8x = borderline<br />5x = buy</p><p>Is you area full of speculations? What was the price 1997 and add 3.5% of annual inflation. What do you get?</p>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com1tag:blogger.com,1999:blog-3356215750220856280.post-3390430328564603922010-03-01T07:00:00.001-08:002010-10-31T07:30:01.470-07:00How well are weights for cost of living index balanced?<p>Perhaps you are curious if weights for cost of living index at this website are well balanced? The weights are best guess. So how good is our best guess for weights? For example today I wanted to check gasoline consumption per capita to see if weight for it is well balanced. The relevant document is at : <a href="http://earthtrends.wri.org/text/energy-resources/variable-292.html">consumption of gasoline per capita</a>.</p><p>Consumption in Europe is most likely most relevant as middle income countries with average fuel consumption. Europe had per capita is 257 liter of gasoline consumption per year in 2005.</p><p>Weights in Numbeo.com statistical model are based on consumption for family of 4, and in Europe it is 1028 liter yearly or <strong>85.66 liters monthly</strong>.<strong> And our best guess was 80 liters per month for the family. </strong> Since between 2000 and 2005 gasoline consumption per capita lowered in Europe, I’m concluding that our weights for gasoline are excellently balanced.</p><p>I hope you can now trust more the way how cost of living index at Numbeo.com website is calculated. If you think that some weights are not good balanced, just drop me an email with explanation. I performed some research for weight balancing. It hope you will find interesting cost of living indexes next year at <a href="http://www.numbeo.com/">Numbeo.com</a>.</p>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com1tag:blogger.com,1999:blog-3356215750220856280.post-66065598220657869442010-03-01T07:00:00.000-08:002010-12-07T05:49:38.120-08:00Q1 2010 Numbeo.com Website Statistics<p>In <strong>Q1 2010 Numbeo.com had 60.583 visitors</strong> (344.228 pageviews) according to Google Analytics. Current month to month traffic increase is 26%, but it was bouncing between -8% and 35% this year. Therefore I’m expecting more than 300.000 visitors this year to Numbeo.com website. Since data at this website are provided from community (and automatically and semi-automatically moderated), <strong>data are getting very reliable</strong>.</p><br /><p><strong>The visitors contributed 5019 new data entries in Q1 2010</strong>, (not counting data which were classified as spam and end-up trashed).</p><br /><p>And Numbeo’s <a href="http://www.numbeo.com/cost-of-living/rankings.jsp">Cost of Living Index </a> was accessed 12.438 times.</p><br /><p>The website is using highly sofisticated automatic data validation techniques and high number of visitors ensure data are correct, however, like in Wikipedia, not all data are perfect. Dear readers, thank you for all contributions so far to this website.</p>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com0tag:blogger.com,1999:blog-3356215750220856280.post-20843587145945189052009-10-31T07:00:00.000-07:002010-10-31T07:29:12.143-07:00How expensive is your city? Former Google employee makes an analyzing software<p style="margin-bottom: 0in;">Numbeo (www.numbeo.com) allows visitors to share, calculate and compare information about cost of living and properties. It crunches numbers and extract useful and interesting information. The software at Numbeo allows visitors to add and compare indexes for cost of living and residential properties. Visitors can share their local information about restaurant prices, groceries, transportation, utilities, rents, salaries and price of residential properties. Numbeo allows visitors to compare this information with derivated indexes such as consumer price index, domestic purchasing power and others. The correlation of cost of living and residential properties is observable. People who analyze state of residential properties look at information like house price to income ratios, loan affordability index, price to rent ratios, gross rental yields. GDP growth rate and population growth rate influences frequently the increase in price of properties in a particular country over time.</p><p style="margin-bottom: 0in;">Comparing to other free Internet software worldwide for cost of living and property investment analysis, our software is the best. It is best because all data are available public, it automatically calculates indexes from user contributed data, visitors can compare all data and we cover the whole world. During the test launch in late May 2009, silent to media, I informed friends mostly through Facebook to collect some data to get the ball rolling. At the moment of writing this message Numbeo have information for 233 cities worldwide in the database and it’s growing fast.</p><p style="margin-bottom: 0in;">People want good tools to be able to analyze the worldwide cost of living. People are reluctant to invest in properties. They want more information and tools about property markets. They find Numbeo useful.</p><p style="margin-bottom: 0in;">Mladen Adamovic<br />Numbeo.com Founder</p><br /><p style="margin-bottom: 0in;"></p>Adamovichttp://www.blogger.com/profile/13687257482133442139noreply@blogger.com3