Summarize the cost-of-living dataset

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Reference no: EM133629881

Question

This final project will summarize the Cost-of-Living dataset. Our group found relations between six different variables, Cost-of-Living Index, Rent Index, Groceries Index, Restaurants Index, Cost- Plus Rent Index, and Local Purchasing Power. Our project goal is to find any similarities or differences between the Cost-of-Living in different cities, countries, and continents. The research question is, "How similar and different is the cost of living around the world?". Compared to America, Oceania/Australia had a higher Cos-of-Living plus Rent Index. This means they have the highest rent out of all other continents. Also, this is the same result for the Groceries and Restaurants Index. Overall, on average the cost of living plus rent in cities other than NYC is 54% lower. Keywords: deviation, cities, people, standard, price, observations, analysis.

Reference no: EM133629881

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