Is there any index giving the COST OF LIVING of all countries?If so what's cost of living of India & Belgium?
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Each country has its own resources, shortcomings and so on. Inview of the above the COST OF LIVING of each country would be different. IS THERE ANY INDEX INDICATING THE COST OF LIVING OF ALL COUNTRIES IN THE WORLD? If so,for example, what is the cost of living of India, Belgium and Malawi?
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Answer:
a relative minimum income index? Relative to the wealth of the country, and the consumption patterns who define the (socio-cultural) minimum income to survive? They exist, but are incomplete. Search for the name Milanovic.
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