Monday, November 16, 2009

Salary Purchasing Power Parity

Internationally comparable cost of living data is crucial to forming sustainable expatriate pay policies and monitoring progress. Market exchange rates give misleading comparisons because they do not reflect salary purchasing power differences. Purchasing Power Parity (PPP) accounts for price differences between countries and so measures real quantities.

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Sunday, November 15, 2009

Alcohol & Tobacco International Cost of Living Ranking

Alcohol & Tobacco costs include alcoholic beverages such as alcohol at bar, beer, locally produced spirit, whiskey, and wine as well as tobacco products such as cigarettes.

The October 2009 alcohol & tobacco international cost of living rank is as follows:

Rank Country, City

1 Kiribati, South Tarawa
2 Qatar, Doha
3 Korea Republic of, Seoul
4 Comores, Moroni
5 Norway, Oslo
6 Bahrain, Manama
7 Ethiopia, Addis Ababa
8 Thailand, Bangkok
9 Guinea, Conakry
10 Djibouti, Djibouti

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