Monday, October 30, 2006

Cheapest city, not so cheap engineers!

Latest release, 2006 report of UBS Prices and Earning Reports

UBS conducted standardized Prices and Earnings survey in 71 cities throughout the world between February andApril 2006. In each city, surveys were conducted independently.


It's cheapest to live in KL!


I don't know how to inteprete this, but we are away from the crowd...?



Net hourly pay. Quite low for us?


Wage level for we Malaysians seem moderate low. Purchasing power is above average due to cheap goods and services.



33 minutes for a big Mac. How about McCrispy? I dont take beef.

Engineers are paid almost the same for KL folks as to counterparts in Bangkok, Mexico, Moscow, Bogota, Caracas, Prague, and Lima. 50% higher than engineers in Beijing and Shanghai and 100% higher than in the Indian capital. Think about it again? Anyway I still wish to work in Luxembourg! hehe


Summary for KL: cheapest to live, moderate wage and purchasing power. Nothing to be so proud about except getting to savour a plate of delicious chicken rice with USD1.

Click at the above link for more. We work too long hours indeed as complained.