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From January to November 2017, the cost of consumer products and services in Baku increased 2.2 percent over the same period of 2016 to m21,964.1 million. Non-governmental goods and services made up 95.6 percent of the total; retail goods and services in this sector increased by 1.7 percent over the previous year, to m21,001.3 million.
For example, average cost of living for a person in Los Angeles, California, is about $1308 USD, [101] while in Seoul, South Korea, its $1074 USD. [102] Living costs in Baku per person are below average when comparing to other developed countries, however, average reported salary of a Bakuvian sits at 997 manat, or about $586 USD. [103]
The difference in housing costs from state to state is especially important. The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state).
Massachusetts. Cost-of-living (CoL) index change: 11.1 All change: $101 Retired index change: $98 Married couples with kids change: $123 Single change: $84 Born 1981-1997 change: $88 Methodology ...
GOBankingRates found that the average monthly cost of living in the United States in the first quarter of 2024 was $2,005 — $1,860 for retired people, $2,730 for married couples with kids and ...
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The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other territories since 1990. The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries.
Baku: 0.830 2 Absheron Economic Region (without Baku) 0.805 High human development 3 Sheki-Zagatala economic-geographical region: 0.786 – Azerbaijan: 0.765: 4 Ganja-Dashkesen Economic Region: 0.740 5 Guba- Khacmaz Economic Region: 0.738 6 Northern Karabakh Economic Region: 0.724 7 Qazakh- Tovuz Economic Region: 0.724 8 East Zangezur Economic ...