My personal driver for this question was that I have been wondering if the exchange rate between the EUR/USD was also justified by the comparative ratios between the two countries’ costs of living and average incomes.
However, this seems like it would be an interesting analysis and also a potential investing strategy (long-term arbitrage if factored also with growth rates?).
Anyway, where can I get this information? The CIA Factbook does not have it, which is the first and only place I know to look.
Thanks for your help!
You should look for websites related to the UN, this kind of information are published annually by UN. sorry I do not know any website for that.
about your first paragraph, I believe the costs of living here in the United States is lower than EU countries (Europe Union) and even tho their currency is more valuable now, they do not have enough of that in their pockets, I had a friend in Netherlands and he was complaining about the Euro and how it lowered their purchase power over there.
You should look for websites related to the UN, this kind of information are published annually by UN. sorry I do not know any website for that.
about your first paragraph, I believe the costs of living here in the United States is lower than EU countries (Europe Union) and even tho their currency is more valuable now, they do not have enough of that in their pockets, I had a friend in Netherlands and he was complaining about the Euro and how it lowered their purchase power over there.
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