General Cost of Living Analysis
Our comprehensive cost of living analysis provides a detailed examination of various factors that impact your expenses. We compare and analyze data related to rent, grocery prices, and local purchasing power to help you make informed financial decisions.
As of January 2021, Hamilton ranked first in the Cost of Living Index, indicating a relatively higher cost of living compared to other cities. Basel and Zurich followed closely in the second and third positions. On the other hand, Karachi, Peshawar, and Thiruvananthapuram ranked lower on the index, suggesting a relatively lower cost of living in those cities.
In January 2022, Hamilton maintained its position as the city with the highest cost of living. Zurich and Basel followed in the second and third positions respectively. Rawalpindi, Multan, and Peshawar ranked lower on the index, indicating a comparatively lower cost of living.
By January 2023, Hamilton remained at the top of the Cost of Living Index. Basel and Zurich secured the second and third positions respectively. Faisalabad, Multan, and Peshawar ranked lower, suggesting a relatively lower cost of living in those cities.
Monitoring the Cost of Living Index provides valuable insights into the affordability of different cities and helps individuals and businesses assess their financial requirements. It can assist in making relocation decisions, negotiating salaries, and managing personal finances.
