Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

Defined Term

Cost of Living Index

Definition

A number comparing living costs between cities, with New York = 100 as baseline.

A cost of living index aggregates prices across a standardised basket of goods and services — rent, food, transport, utilities, and leisure — and expresses them relative to a reference city. WorthOf uses New York = 100 as baseline (Numbeo convention).

A city with an index of 52 is approximately half as expensive as New York. Our basket weighting: rent 38%, food and groceries 22%, utilities 12%, transport 8%, leisure 8%, healthcare 5%, other 7%.

Data sourced from Numbeo API, cross-validated quarterly against Eurostat HICP.

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