Cost of Living Index
The U.S. Military prepares Overseas Cost of Living Allowances data on a regular basis. They assign cities around the world a COLA index relative to a COLA index of 100 for the cost of living in average U.S. location. These numbers are used to determine how much they pay foreign-posted personnel; they’re also an interesting tool to get a quick feel for how much it costs to maintain a western-style standard of living overseas. Here are some example COLA numbers from the March 2007 report:
- Canada
- Calgary - 130
- Montreal - 130
- Toronto - 136
- Halifax - 138
- Vancouver - 148
- Havana, Cuba - 132
- Lisbon, Portual - 138
- Tokyo, Japan - 152
- Finland - 154
- Copenhagen, Denmark - 168
- London, U.K.- 170
- Paris, France - 182
- Geneva, Switzerland - 188
Wednesday, March 28, 2007 - 10:03am

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