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1 Objectives : This calculator will compare living-cost and salary differentials to help you make
informed estimation. It will show you how your spendable income will be affected by a relocati
between any combination of 300 cities in the world. The calculator also reports the salary adju
and will determine how much more (or less) you need to maintain your same standard of living
2 This calculator consist of 7 categories that are related to a person Cost of Living ; Eating Out
Groceries, Transportation, Utilities, Recreation, Apparel and Accomodation.
3 Instructions : Read the questions carefully and be as honest as you can when answering the
your answers on your actual habits and facts hence a reliable report can be concluded. By thi
then you can analyze and review which spending items influence your spending habit.
4 This is a very comprehensive list; every item may not necessarily apply to your specific lifestyl
spending patterns, therefore answer "0" if the item in the question is not applicable or irrelevan
situation, thus can be ignored. For instance, if you are non-smoker, you definitely don't need a
cigarettes in your budget.
5 This calculator uses data from Numbeo.com (First Quarter 2017). However, the provider is no
with Numbeo.com except for the fact that we use their crowdsourced data to provide you the
personalized report and analysis.
6 The calculator is a protected worksheet in order to preserve the calculator formula. Therefore,
only input or edit your data in a designated cell.
7 Prices are dynamic and tend to change due to supply and demand, promotion, or inflation. Pri
even varies in difference shop along the same road in a small town due to competition. Theref
and results in this calculator can be considered only as general estimation.
8 By default the calculator is not adapted to fit your specific needs ; it is your own discretion and
judgment by inputting your personalized info and data relating to your spending patterns in the
calculator. The information provided herein shall not be construed to constitute a legal opinion
is a self-assessment for personal review. Use of this tool indicates unconditional acceptance o
disclaimer. Please read our disclaimer here.
I AGREE CANCEL
I AGREE CANCEL
y Comparative Analysis 2017
ersonal Calculator
Analysis Report 2017
CANCEL
CANCEL
World Cost of Living Personal Calculator and Salary Comparative Analysis 2017
* The input amount of a Net Salary is the Gross Salary after-taxes. Net Salary represents your spendable income
income, because it is the money available to a household for spending on goods or services. In other words, it is
maintained your lifestyle you want.
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nalysis 2017
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World Cost of Living Personal Calculator and Salary Comparative Analysis 2017
Eating Out
Important : Fill in the white columns carefully and customised your inputs based on your actual habits and fac
hence a reliable report can be concluded. For instance ; if you buy thirty (30) bottles of (0.33 liter) water in a
month , type "30" in the cell., meaning "30 bottles" not "30 liter". When you change the selection of items you
likely to get different results in the final report, as some items may cost relatively more and some relatively les
between the home and host country.
BACK
Comparative Analysis 2017
20 360.00 60.00
10 800.00 200.00
17 136.00 85.00
0 0.00 0.00
0 0.00 0.00
11 46.75 9.13
16 31.52 9.92
44 72.16 23.32
1,446.43 387.37
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World Cost of Living Personal Calculator and Salary Comparative Analysis 2017
Groceries
Addis Ababa
items New York (USD) (USD)
Note :Prices are dynamic and tend to change due to supply and demand, promotion, or inflation. Price
may even varies in difference shop along the same road in a small town due to competition. Therefore
and results in this calculator can be considered only as a general estimation.
BACK
ry Comparative Analysis 2017
20 22.00 20.00
16 58.56 12.96
5 31.40 6.50
10 36.00 19.90
4 48.84 27.00
5 55.35 25.00
3 16.11 15.00
5 28.55 6.40
5 23.95 3.95
1 3.25 0.57
3 6.45 2.46
30 66.90 25.20
5 75.00 10.00
0 0.00 0.00
0 0.00 0.00
30 390.00 78.00
862.36 252.94
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World Cost of Living Personal Calculator and Salary Comparative Analysis 2017
Transportation
BACK
Analysis 2017
55.00 5.00
116.50 10.00
75.00 30.00
50.40 30.00
30.00 15.00
32.00 45.50
358.90 135.50
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World Cost of Living Personal Calculator and Salary Comparative Analysis 2017
Utilities
BACK
Analysis 2017
128.63 15.35
26.40 8.80
53.95 197.71
208.98 221.86
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World Cost of Living Personal Calculator and Salary Comparative Analysis 2017
BACK
omparative Analysis 2017
Leisure
1 72.50 49.75
4 134.76 37.20
8 120.00 22.00
327.26 108.95
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World Cost of Living Personal Calculator and Salary Comparative Analysis 2017
Addis Ababa
items New York (USD) (USD)
BACK
mparative Analysis 2017
otwear
1 52.18 42.00
1 38.72 47.50
1 85.51 119.17
1 116.88 63.33
293.29 272.00
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World Cost of Living Personal Calculator and Salary Comparative Analysis 2017
BACK
ary Comparative Analysis 2017
0 0.00 0.00
0 0.00 0.00
1 5,820.54 1,612.50
0 0.00 0.00
5,820.54 1,612.50
SUMMARY
World Cost of Living Personal Calculator and Salary Comparative Analysis 2017
SUMMARY : Based from your spending patterns, the cost of living in New York, NY, United Stat
higher than in Addis Ababa, Ethiopia. In other words, the similar or comparable things you pay f
groceries, transportation, utilities etc. in New York for USD9,317.76, is approximately USD2,991
Ababa.
Therefore, if you are earning a Net Salary of USD10,000.00 as your spendable income in New
comparable spendable income in Addis Ababa is USD3,210.13.
BACK Is the Offered Net Salary good enough to maintain your lifestyle in Addis Ababa? Click the full
ative Analysis 2017
N AND SUMMARY
Apparel A
tyle in Addis Ababa? Click the full report.. REPORT Groceries
Utilities
Transporta
Recreation
2.609637
2.409346
2.003763
1.648708
0.078272
-0.05805
World Cost of Living Personal Calculator and Salary 2014
26
World Cost of Living Personal Calculator and Salary 2014
0.00%
-10 0 .0 0 %
Mi l k
0.00% 100.00% 200.00% 300.00% 400.00% 500.00% 600.00% 700.00%
Not all categories in New York, NY, United States are higher than in Addis Ababa, Ethiopia . Only 6 out of 7
categories are higher than in Addis Ababa, Ethiopia. Eating Out is the most significant different amongst the
category. It is the most expensive factor in your personal monthly spending.
300.00%
250.00%
200.00%
150.00%
100.00%
50.00%
0.00%
ut n s
ur
e n ar es
O atio eri e is atio we l i ti
-50.00% ting od oc Le r t o t
Uti
Ea m Gr d po Fo
co An ns
nd
Ac on Tra le A
ati r
cr
e pa
Re Ap
On the graph above, Addis Ababa is set at 0%. As a result, items greater than 0% are higher than Addis Ababa , items
less than 0% are below Addis Ababa and items equal to 0% shared a same price.
27
Not all categories in New York, NY, Cost
World United
ofStates
Livingare higher than
Personal in Addisand
Calculator Ababa, Ethiopia
Salary 2014 . Only 6 out of 7 categories
are higher than in Addis Ababa, Ethiopia.
However, Accomodation is the largest share of all in your personal monthly budget in Addis Ababa, Ethiopia.
It accounts for about 53.91% of your monthly expenditure, whereas, Recreation And Leisure is the smallest
share of all in your personal monthly budget. It accounts for about 3.64% of your monthly expenditure.
As shown in the above pie chart, Accomodation is the largest share of all in your personal monthly
budget, whereas, Recreation And Leisure is the smallest share of all in your personal monthly budget in
Addis Ababa, Ethiopia
28
World Cost of Living Personal Calculator
Recreation And Leisure 108.95 and Salary 2014
3.64%
Based from your spending patterns, the cost of living in New York, NY, United States is 211.51% higher than
in Addis Ababa, Ethiopia. Basically what it means is that the estimation of your personal consumption
expenditure for eating out, groceries, transportation, utilities, recreation, clothing and rent in New York on
average is a lot more expensive compared to Addis Ababa.
In monetary terms, if you are earning a net salary of USD10,000.00 as your spendable income in New York
, the comparable spendable income in Addis Ababa is USD3,210.13.
In other words, we can say that to maintain a similar/comparable standard of living as you like to have with
USD10,000.00 in New York, you need at least USD3,210.13 in Addis Ababa.
USD USD
Comparable
10,000. 10,000.00 Spendable 3,210.13
00 Income
3,210.13 Surplus 6,789.87
expected net
3,210.1
1.00
salary
10,000.00
3
leftover 7,008.88
(6,789.87)
leftover 7,008.9
29
As shown in the above infographic,
World your personal
Cost of Living Personalmonthly budget
Calculator and of USD10,000.00
Salary 2014 in New York is
similar/comparable to what you pay for USD3,210.13 in Addis Ababa.
The Offered Net Salary is higher than the Comparable Spendable Income
Basically, when considering an overseas job, you want the Offered Net Salary (expected net salary) to be
higher than your life expenses in the host country. In other words, you want the Offered Net Salary in the host
country higher than the Comparable Spendable Income. If the Offered Net Salary end up being higher than
the Comparable Spendable Income, then you have run a "surplus", meaning that the Offered Net Salary is
sufficient or 'healthy'. On the contrary, if the Comparable Spendable Income end up being higher than the
Offered Net Salary, then you have run a "deficit", meaning that there are insufficient funds.
Based on the salary adjustment comparability, as you are being offered a Net Salary of USD10,000.00 in
Addis Ababa, the purchasing power of that amount is 211.51% more than the Comparable Spendable Income
amount of USD3,210.13 in New York.
In other words what it means is that, you might have a SURPLUS of USD6,789.87 if being paid
USD10,000.00 in Addis Ababa, owing to the reason that a spendable income of USD3,210.13 in Addis Ababa
is comparable to USD10,000.00 in New York, NY, United States.
7
Saving
If you have a surplus, it is a good signal that the expected net salary is worth to consider. Nevertheless, you
must check the overall cost of relocation. Many people tend to overlook the multitude of hidden costs that
come with relocation and their personal spending obligations back home (e.g. savings, mortgage,
private/personal retirement/investment funding, private healthcare etc) together with home statutory
obligations. If you really satisfied with the amount, the surplus can be considered as your saving or fund for
emergencies/additional cost such as healthcare or car monthly payments (as this report does not include the
healthcare / car ownership cost in your personal cost of living).
30
In addition, based on your World
personal monthly
Cost budget,
of Living you Calculator
Personal have a balance of USD7,008.88
and Salary 2014 from your monthly
budget spending of USD2,991.12 while in Addis Ababa, Ethiopia. In other words, you have an excess amount
of cash that can be considered a totally ample saving. If you have extra money, it is wise to save for
1 predictable expenses in the next few years (i.e wedding, children education, house, etc).If you have debts, it's
far better to pay off debts before starting to save. The interest cost of debts is much higher than the interest
earned on savings.
The average salary (also called the mean) for a job is an average of all the salaries for a working population. It
does not include those who have no income. The average salary is calculated by adding all the salaries for a
job and divide it by the number of working population. Nevertheless, the average salary can vary based on
location, demand for the job and other factors.
The average salary is only a general benchmark which lets you know how much you get paid compared to the
rest of the working population.
As a general rule, it's a good sign when expected net salary is above the average. If your salary is above the
average then this means that you are not very far from the better half. Keep in mind, average salaries can
vary greatly due to company, location, industry, experience and benefits. Most probably the people who are
earning better than you are only getting a slightly bit more or in a different industry.
If the expected net salary is below the average then it is a red flag, or in other words, a warning of danger
or a signal for you to think twice about the offer. You should ask for a raise/compensation/ allowance or
consider reject the job offer.
213.69
10,000.00
31
World Cost of Living Personal Calculator and Salary 2014
Conclusion
Overall the cost of living in New York, NY, United States is 211.51% higher than in Addis Ababa, Ethiopia. In
other words, on average it is a lot more expensive to live in New York than in Addis Ababa. Not all categories
in New York, NY, United States are higher than in Addis Ababa, Ethiopia . Only 6 out of 7 categories are
higher than in Addis Ababa, Ethiopia. Your current salary after tax of USD10,000.00 in New York, NY,
United States is comparable to USD3,210.13 in Addis Ababa, Ethiopia. As you are being offered a salary of
USD10,000.00 in Addis Ababa, Ethiopia then you have a surplus of USD6,789.87 in your personal monthly
budget.
32
World Cost of Living Personal Calculator and Salary 2014
33
DISCLAIMER
By default the calculator is not adapted to fit your specific needs ; it is your own discretion
and judgment by inputting your personalized info and data relating to your specific situati
The information provided herein shall not be construed to constitute a legal advice; rathe
is a self-assessment for personal review.
This material is assembled in good faith, but are not intended to serve as recommendatio
of whether to make any crucial final decision and must not be relied on as a substitute for
legal advocacy. No warranty is provided in relation to this material. Use of the information
and data contained within this material or the report is at your sole risk.
This calculator using data from Numbeo.com therefore for that reason, credit goes to .
Numbeo.com. The provider is not affiliated with Numbeo.com except for the fact that we u
their crowdsourced data only. However, calculation and results are based from user
inputting data criteria. The data used to produce this report is covered under a Creative
Commons license. Therefore we have provided Hypertext link to Numbeo.com site as a
requirement for using their data. This should NOT be taken as implying any link between
and Numbeo.com.
Users should, before acting on this information, consider the appropriateness of this
information having regard to their personal objectives, financial situation or needs. It is
highly recommended that individuals seek the advice of qualified professionals before tak
any action to whether other considerations may apply to their particular circumstances.
The information provided herein shall not be construed to constitute a legal advice; rathe
is a self-assessment for personal review.
s ; it is your own discretion
ting to your specific situation.
titute a legal advice; rather it
o serve as recommendations
elied on as a substitute for
rial. Use of the information
ole risk.
ppropriateness of this
situation or needs. It is
ed professionals before taking
articular circumstances.