RELOCATION BLOG
You have made your decision: you are going to work abroad. You are becoming an expat. For a year, two years, maybe even five years. On the one hand, you are (probably) looking forward to this new and exciting opportunity. On the other hand, there is so much to take care of before you can actually relocate. Are you well prepared? And how do you know if you have taken everything into account before moving?
To calculate each city's Cost of Living Index value, Expatistan starts by assigning a value of 100 to a central reference city (that happens to be Prague). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague.
Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.
