HuMuch launches "Build Your Own Cost of Living Index" launches new cost of living index that can be personalized to your own basket of goods
Dec. 14, 2011 - PRLog -- Today, announces the launch of "Build Your Own Cost of Living Index". Current cost of living indexes are generalized. For instance, the U.S, is 22% more expensive than India. However, you need more information to make an informed decision. "Cost of living is a major consideration if you are planning a move," stated Phil Sarmiento, HuMuch's VP of Operations. "HuMuch can help by providing a cost of living index that can be personalized to your own basket of goods."

On the website, individuals can select two locations, create a basket of goods, and compare cost of living. Goods range from food and clothing to electronics and furniture. For example, the global average price of an Apple iPad 2 (16GB, wifi) is $655 (USD). The highest cost is in Brazil $966 (USD) / 1,649 (BRL). That's a 47% cost of living index. The lowest cost is in Malaysia $499 (USD) / 1,512 (MYR). That's a (23%) cost of living index.

In addition, individuals can create a basket of multiple goods and services. "We feel that this will improve transparency in cost of living comparisons, and greatly benefit job seekers, expats, and researchers." added Phil Sarmiento.

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HuMuch was founded by a group of global travelers located in the Washington DC Metro Area. Each time we explore a new place, we notice with amazement that an item is often sold in different places at drastically different prices. We've built an easy to use platform to help anyone find, share, and compare prices around the world. For additional information, please visit the website and/or contact Rebecca Sarli at email: HuMuch ( @ ) humuch dot com
Source:Rebecca Sarli
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Tags:Cost Of Living, Cost of living index, Price Comparison
Industry:Finance, Human resources, Research
Location:Falls Church - Virginia - United States
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