
Originally Posted by
noodles
Forget the water pollution, cultural/language issues and general anxiety we face. Most expats say it's cheaper here, but we should quantify it further.
Those expats who have been relocated and/or who have started their own business and/or who moved here and have changed careers are the intended participants. There may also be some minor differences to consider along these lines, everyones answers/analysis will differ. This is not an easy task to complete - the results are purely subjective and may surprise you as well depending on your income/lifestyle.
Use RP values only with current exchange rate(pray to EUR/USD donnt swift drop anymore). Calculating present value of past expenses adjusted for inflation are challenging for most people even without the exchange rates that would need to be factored in. Not looking for personal info/details, just a logical thought process to support the results provided.
Specific results (+ better, - worse, = equal);
1. State Income Tax/sales tax/other taxes (+)
2. Medical/dental/prescriptions/eyecare (-) *cash-no insurance
3. Currency exchange rate (-),
4. Housing (+),
5. Western type foods/snacks/groceries (+),
6. Western style dining/fast food (+) *unless go to tourist area, but they're pricey
7. Local food/snacks/groceries, (+),
8. Local style dining/fast food (-),
9. Car petrol/maintenance costs (=),
10. Car purchase (=) *but no financing here,
11. Car insurance (-)
12. Utilities (-) change TV provider,
13. Clothing (-) *excluding Designer brands
14. Appliances for purchase (+)
15. Vices/smoking/drinking (+)
16. Travel/vacations/entertainment (+) *in-country
17. Personal comfort, A/C, heating, hot water (+)
18. Personal safety, crime (+)
Bali is a good value considering what I originally perceived as a comfortable place for a similar lifestyle. Your numbers may prove different.