Prices and Earnings
How long do you have to work in New York, Kuala Lumpur or Sydney to be able to afford a Big Mac? Where can you go fashion-shopping cheaply? Where do employees work the most hours per week? The UBS Prices & Earnings app can provide indicative answers in a fun and entertaining way.
Pricing comparisons are important in today's globalized world, and of especial interest to tourists and business travellers. Drawing on an unparalleled survey of participants in 72 different cities around the world, the app provides extensive comparative data on prices (122 separate goods and services along with apartment rents), salaries, income taxes, working hours and the number of vacation days for 15 different professions. This data is used to get a general overview of relative purchasing power and standards of living in each of the 72 cities included in the study.
The app is able to search through extensive quantitative data through a range of intuitive and user-friendly interaction steps in these three areas:
Global: Cities can be selected from a revolving and zoomable globe for comparison in a wide range of categories.
Cities: The comparison cities and categories can be selected directly from lists in this area.
Scenarios: What city would it be worthwhile for you to visit? Where can you get which products the cheapest? Where could you make the most money in your job? Explore our scenarios to find out.
- The app also features a currency converter using current data that provides a wealth of background information as well on the figures, categories and concepts/methods employed.
- And you have the option of participating in data gathering so your data can be included in future updates. Report your city's price data to us to enhance data quality!
The app is based on the printed edition of Prices and Earnings, a study published every three years since 1970, and is directed toward global business clients and internationally oriented persons who are interested in comparing prices and salaries/wages.
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