Cost of Living Index by Country (2024)

This dataset provides the cost of living index data for countries around the world in 2024. It can be used for comparative analysis of living costs across different regions, helping users understand which countries are more or less expensive to live in. The index is calculated based on a variety of expenses such as groceries, rent, and purchasing power.

Dataset Overview

• Source: Cost of Living Index by Country (2024) on Kaggle
• File Format: CSV
• Data for the year: 2024

Columns

The dataset includes the following columns:

• Rank: The rank of the country based on the cost of living index.
• Country: The name of the country.
• Cost of Living Index: An index that represents the relative cost of living in that country compared to New York City (the reference city with an index of 100).
• Rent Index: An index that represents the cost of rent in

Tasks

• I want to compare the cost of living index between the top 5 most expensive and least expensive countries.
• I want to see if there's a strong correlation between the cost of living index and the rent index for each country.
• I want to compare the rent index and the purchasing power index for countries to see which countries have high rents but low purchasing power, and vice versa.
• I want to understand how cost of living varies across continents or regions
• Finally, I want to find out which countries offer the best balance of cost of living and rent affordability.