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Jueves 29 de Enero 2015

Spain among Europes cheapest nations

A new cost of living index produced by Numbeo reveals life in Spain is a third cheaper than in the Big Apple.
The index determined the difference in living costs between countries taking into account the prices of groceries, transportation, restaurants and utilities.
According to Numbeo, Spain has a rent index of 21.53 which means renting in the country come in at a fifth of the price of New York and puts Spanish rents roughly on par with those in China and Trinidad and Tobago.
Spain’s Restaurant Price Index is 71.09, making it 30 percent cheaper to eat out in Spain than in New York. It costs around the same amount to eat out in Mozambique and Russia as it does in Spain.
The Consumer Price Index in Spain (65.70) is on par with Zimbabwe (65.89) and Slovenia (65.15).
Switzerland tops the list of the most expensive countries. It is 26 percent more expensive than New York and is the most expensive place to buy groceries in the world. Norway is following in second place.
Down at the bottom of the list, India comes in as the cheapest country in the world with a consumer price index of 26.27, followed by Nepal with 28.85 and Pakistan with 30.71.
 
Source: Source: “The Local (ES)” article by Jessica Jones.


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