Cost of living: Which are the cheapest and most expensive countries in Europe?
Forrás:
Euronews.com
15 napja
The text discusses price variations across European countries, highlighting significant differences even between neighboring nations. It explains how price level indices, particularly Purchasing Power Parities (PPPs), are used to compare prices. Switzerland is identified as the most expensive country, while Turkey is the cheapest. The text also notes that Western and Northern European countries generally have higher price levels, while Central and Eastern European countries tend to be cheaper. The analysis emphasizes that individual incomes are not considered in these price comparisons. Teljes cikk (Euronews.com)