This book provides the annual update of Asia Competitiveness Institute (ACI) indices and rankings of the cost of living for ordinary residents and expatriates as well as wages and purchasing power for ordinary residents, covering 105 cities around the world over the period of 2005–2016. These indices reflect the notable differences in the cost of living for expatriates and ordinary residents as expatriates tend to have different consumption patterns than that of their local counterparts. This is important because the cost of living of expatriates is often mistaken for that of ordinary residents. This book is the fourth edition in the series.
In addition to providing the annual updates of the cost of living, wages, and purchasing power indices, this book also has a special chapter covering two topics of interest. The first compares the discrepancies between the cost of living indices and rankings between ordinary residents and expatriates in different regions. The second provides a case study on Singapore's HDB resale market and the role that the public sector can play in housing markets.
Contents: Understanding and Tracking Cost of Living, Wages and Purchasing Power for Expatriates and Ordinary ResidentsMethodology on Cost of Living for ExpatriatesMethodology on Cost of Living, Wages and Purchasing Power for Ordinary ResidentsFindings on Cost of Living for ExpatriatesFindings on Cost of Living, Wages and Purchasing Power for Ordinary ResidentsComparing Cost of Living and Affordability for Expatriates and Ordinary Residents
Readership: Students; professionals; researchers; think-tanks; and, policy makers interested in developmental economics and surveys on cost of living, wages and purchasing power between residents and expatriates. Cost of Living;Purchasing Power;Wages;Expatriates;Ordinary Residents0Key Features:ACI's cost of living indices are the first to provide a comparable cost of living index for ordinary residentsThis year's edition includes a case study on Singapore's HDB resale market, which highlights the impact of government intervention in cooling housing marketsOur indices on cost of living, purchasing power, and wages have been noted by reputable international media outlets like the BBC and the Edge Malaysia
