A COMPARATIVE STUDY OF THE COST OF LIVING AND QUALITY OF LIFE BETWEEN NORTH AFRICAN COUNTRIES

Authors

  • Taha Mohamed Daab KROK University

DOI:

https://doi.org/10.36690/2674-5208-2021-1-23

Keywords:

cost of living, city, price indexes, Lifestyle, Cost of Living Index, Rent Index, Groceries Index, wages

Abstract

Through research and delving into the issue of the cost of living, as it is considered one of the important matters that concern the citizen and business owners and companies, as there are many studies, research, abstracts, reports and articles about the cost of living in different cities around the world. Although these studies are rich and powerful, only final results, such as city rankings, or summaries of most important and least-ranked cities, are published without price indexes displayed and compared. But through this paper, we aim to study a comparison between the most livable city countries in North Africa and the quality of life in them, using a presentation and comparison of cost-of-living data for the year 2020/2021.

We will compare the outputs for the price indexes between the countries and cities under study, as these countries under study have a contiguous geographical location in North Africa and also have many common factors that were the reason behind the study and comparison of the cost of living in them, where this type of analysis and comparison to help people or business owners determine which city will be moved to reduce the cost of living.

Author Biography

Taha Mohamed Daab, KROK University

postgraduate student, «KROK» University, Kyiv, Ukraine

References

- Rafaela, C., D., M. & Alessandra, D., M. (2016). The cost of living in the best livable cities in the world: a brief predictive quantitative analysis. Int. J. Multivariate Data Analysis, Vol. 1, No. 1.

- Numbeo (2019). Is the world’s largest database of user-contributed data about cities and countries worldwide. Numbeo provides current and timely information on world living conditions including the cost of living, housing indicators, health care, traffic, crime, and pollution. 5,025,770 prices in 8,855 cities entered by 422,329 contributors and information. Retrieved from: https://www.numbeo.com

- Mercer. "Mercer’s Annual Cost of Living Survey Finds Asian, European, and African Cities Most Expensive Locations for Employees." Retrieved from: https://tinyurl.com/yrurfswt (Accessed Sep. 20, 2020).

- SSA. "Computation of Primary Insurance Amount." Retrieved from: https://www.ssa.gov/OP_Home/ssact/title02/0215.htm (Accessed Sep. 20, 2020).

- Economic Policy Institute. "Family Budget Calculator." Retrieved from: https://www.epi.org/resources/budget (Accessed Sep. 20, 2020).

- MIT. "Bare Facts About the Living Wage in America 2017-2018." Retrieved from: https://tinyurl.com/2yu9ujde (Accessed Sep. 20, 2020).

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Published

2021-03-05

How to Cite

Daab, T. M. (2021). A COMPARATIVE STUDY OF THE COST OF LIVING AND QUALITY OF LIFE BETWEEN NORTH AFRICAN COUNTRIES. Economics, Finance and Management Review, (1), 23–34. https://doi.org/10.36690/2674-5208-2021-1-23

Issue

Section

Chapter 1. Current trends in economic development