Monday, January 30, 2012

Cost of living

EXPATISTAN. This is a great website where expats (and HR-departments) can compare the cost of living in different cities and countries. In case of Globexs the attention was drawn to the difference between Belgium and Spain, more specifically Antwerp and Valencia. The result was not very surprising, life in Antwerp is 27% more expensive than in Valencia. 


Renting a house in Antwerp is 26% more expensive than in Valencia. However, real estate prices are not that far apart. Again a proof of the disproportion between buying a house and renting a house in Spain. However, real estate prices in Valencia are dropping fast because of the crisis.


The biggest difference between cost of living in both countries is shown when going to the local supermarket. Food in Belgium is so much more expensive than in Valencia. 


I invite all expats in valencia to compare their current cost of living with their hometown: www.expatistan.com.


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VIDEO: how does Globexs work?