No, a normal cost-of-living calculation assumes that you will spend a typical portion of your money on non-local things. For the conversion to be wrong, you fi

No, a normal cost-of-living calculation assumes that you will spend a typical portion of your money on non-local things. For the conversion to be wrong, you first need to show that your personal situation is far from the norm. For example, you could show that you are saving 80% of your income toward retirement, or that you insist on having a violinist play during a private at-home dinner every night. So... are you that weird? If you aren't so weird, then the cost-of-living calculation is correct.