LifeCost Blog

Our Methodology

How we collect and process the cost of living data

Data Definition

We collect essential metrics like accommodation, food, transport, utilities, and leisure. All definitions are based on international standards and official sources.

We set consistent criteria for each indicator to ensure comparability across cities.

Data Collection

We obtain information from official sources, including statistical agencies and housing institutions.

Our automated pipelines perform scraping and API calls; a team manually verifies and corrects the data.

Data Processing and Analysis

Raw data undergoes cleaning, deduplication, and normalization based on population and purchasing power.

We apply weightings based on relevance and validate against historical benchmarks.

Objectives and Guarantees

Our goal is to provide accurate and up-to-date data with total transparency, including source and update date.

We have periodic reviews and community feedback channels to continuously improve our methodology.