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The following is much more useful, and covers many more cities across the world: https://www.numbeo.com/cost-of-living/ https://www.numbeo.com/cost-of-living/
by alok-g 8y ago
The following is much more useful, and covers many more cities across the world:
https://www.numbeo.com/cost-of-living/ https://www.numbeo.com/cost-of-living/
- olcor 8y agoI’ve found numbeo to be practically useless for most cities I’ve been to and stayed. MITs calculator is much more accurate, especially if you are someone who doesn’t earn a high wage. Most people aren’t going to stay in Greenwich village/SOHO/UES if they are in NY, or similar elsewhere. Prices reflected in the MIT calculator seem to take all areas of living into account, that too by county. Edit: Numbers on numbeo seem to have improved a lot since the last time I saw them. Taking back my previous opinion, but I find both to be useful resources.
- taffer 8y ago> Most people aren’t going to stay in Greenwich village/SOHO/UES if they are in NY, or similar elsewhere. You can change the assumptions in numbeo too, like for example if you plan to live outside the city center.
- alok-g 8y agoHmmm. I found it to be a good reflection of where I've stayed. The data is sometimes lagging by a year or so.
- nabla9 8y agoNumbeo has reputation of being very inconsistent. For some cities and countries it's relatively accurate, for some others it's wrong or outdated. It's partly due to their data collecting methodology. They rely on crowd-sourced user inputs and manually collected data. I also have doubt about their analysis methodology, it's seems very ad hoc and amateurish. You should treat Numbeo with a grain of salt. It's honest attempt with small budget and better than nothing, but you can't treat it as authoritative source.
- fyfy18 8y agoWhich is why companies shouldn't use it to base employees salaries on (GitLab I'm looking at you).
- Zenbit_UX 8y agoIn general I don't like the approach of remote employers basing compensation off of the employees cost of living. What happens at gitlab if you start off in SF then move to another city? You're a remote employee and are free to work wherever... Do they then demote your pay to reflect the new city or did you just game the system? What about the opposite case, a worker in India at gitlab moving to SF did they just lose a lot of money? In general this cost of living approach to remote employment is a cop out to pay lower salaries and save money. Zapier offers bay area salaries to all remote employees and gitlab discriminates... Which would you want to work for?
- planetburgess 8y agoZapier does indexed compensation by region. E.g. They pay employees in Asia less than employees in America. This is actually the worst of both worlds. They are paying over the market rate in some countries and under the market in others. Some of their employees are raking it in, others not so much. What's fair or desirable about that?