UBS Prices and Earnings
How long do you have to work in New York, Kuala Lumpur or Sydney to be able to afford a Big Mac? Where can you shop for a new wardrobe cheaply? Where do employees work the most hours per week? The UBS Prices & Earnings app can provide these answers in an innovative way.
Pricing comparisons are important in todays globalized world, and of special interest to tourists and business travellers. Drawing on an unparalleled survey of participants in 71 different cities around the world, the app provides extensive comparative data on prices (122 separate goods and services, with apartment rents) and wage-related information for 15 different professions. This data is used to get a general overview of relative purchasing power and standards of living in each of the 71 cities included in the study.
The app is able to search through extensive quantitative data through a range of intuitive and user-friendly interaction steps in these three areas:
Global
Cities can be selected from a revolving and zoom-able globe for comparison in a wide range of categories.
Cities
The comparison cities and categories can be selected directly from lists in this area.
Scenarios
What city would it be worthwhile for you to visit? Where can you get which products the cheapest? Where could you make the most money in your job? Explore our scenarios to find out.
The app also features a currency converter using current data that provides a wealth of background information as well on the figures, categories and concepts/methods employed.
And you have the option of participating in data gathering so your data can be included in future updates. Report your citys price data to us to enhance data quality!
The app is based on the printed edition of Prices and Earnings, a study published every three years since 1971, and is directed toward global business clients and internationally oriented persons who are interested in comparing prices and salaries/wages. The latest edition for download at the UBS website:
http://www.ubs.com/global/en/wealth_management/wealth_management_research/prices_earnings.html