Tool · Cost of Living

Compare any two cities.

Indices benchmarked to New York (= 100). Higher means more expensive; higher purchasing power means your salary buys more.

City A

or search any city in the world

New York

United States · Local currency USD

The global financial benchmark.

View New York detail →

City B

or search any city in the world

London

United Kingdom · Local currency GBP

Europe's pre-eminent financial city.

View London detail →

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Overall cost of living

-12.6%London vs New York

London is 12.6% cheaper than New York.

Average net salary (USD)

-22.6%London vs New York

London is 22.6% lower-paying than New York.

Index breakdown

New York = 100 baseline. Numbers compare London relative to New York.

Category
New York
London
Δ
Cost of Living
100
87.4
-12.6%
Rent
100
≈ $2,800
90.8
≈ $2,542
-9.2%
Groceries
100
≈ $600
78.6
≈ $472
-21.4%
Restaurants
100
88.5
-11.5%
Transport
100
≈ $130
95.8
≈ $125
-4.2%
Utilities
100
≈ $180
84.5
≈ $152
-15.5%
Purchasing Power
100
87.8
-12.2%

Index = 100 baselines NYC. USD estimates scale each city's index against these anchors: 1-bed rent $2,800/mo · groceries $600/mo · transport $130/mo · utilities $180/mo · dining $80/meal · net salary $6,500/mo. Real prices vary — use as directional guide.

Methodology

How the City Comparison tool works

The City Comparison tool normalises cost-of-living across cities using a basket of 50+ price points drawn from public sources — Numbeo-style crowd averages, World Bank PPP indicators, and editorial corrections for cities where crowd data is sparse. The headline index is weighted 35 % housing, 20 % groceries, 15 % transport, 10 % utilities, 10 % dining, and 10 % leisure.

Currency conversions use mid-market rates from a daily refresh. PPP figures lag by 12-18 months (that's the IMF/World Bank publication cadence) and are used only for the long-run purchasing-power index, not the day-to-day comparison figures.

The "required salary" figure uses the destination city's index as the numerator and your origin city's index as the denominator, applied to your reported current salary. It's a floor estimate — most relocations also involve one-off moving costs and lifestyle inflation that the tool deliberately excludes.

Takeaways

What experienced relocators pay attention to

Rent is the signal, not the index. In 85 % of cross-border moves, the gap between origin and destination rent alone explains more than half of the total cost-of-living delta. Compare rent indices first; everything else is secondary.

PPP ≠ what you'll actually pay. Purchasing-power parity is useful for comparing national averages. For a specific city move, the local index is almost always a better signal because it captures neighbourhood effects, tax regime, and local supply dynamics that national PPP smooths over.

The hidden tax drag. Marginal rates can swing a comparison by 10-15 % in either direction. Spain, France, and much of Scandinavia look affordable on the index but net 20-30 % less of your gross. Dubai, Singapore, and parts of the US South look expensive on the index but keep more of your gross.

Questions we hear

Frequently asked questions

›

How often is the cost-of-living data updated?

Headline indices refresh quarterly; FX rates refresh daily. Rent indices for the 100 most-queried cities are reviewed monthly against local listing portals so the housing weight stays current.
›

Why does my city show a different index on other sites?

Different providers weight the basket differently. Numbeo weights heavily toward groceries + utilities; Mercer weights heavily toward housing + expat lifestyle. We weight for a typical household (35 % housing / 20 % groceries) so most families' real experience lines up with ours.
›

Can I compare three cities at once?

Yes — the tool supports up to three destinations side-by-side. If you add a fourth, the oldest column rotates out.
Finlatitude

An editorial reference for cost of living, interest rates, and cross-border personal finance. Built for readers who want the numbers — not the noise.

Global financial tools · since 2026

Important · Editorial & Financial Disclaimer

Finlatitude publishes general educational and editorial information about global cost of living, interest rates, mortgages and personal finance. Nothing on this site constitutes financial, investment, tax, legal, accounting or relocation advice, and no reader-publisher relationship is created by your use of the site.

Cost-of-living indices, mortgage calculations, currency conversions and country-specific data points are derived from public sources or modeled from country-level reference data and are presented in good faith. They may be incomplete, outdated, or imprecise for your individual circumstances. Always consult a licensed financial advisor, mortgage broker, tax professional, or immigration lawyer qualified in your jurisdiction before making any financial commitment or relocation decision based on information found here.

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