Country LI Cost of Living Analytics

Living expenses and utilities

Average Monthly Salary

$3,400

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Country LI Cost of Living trends and investment implications

Market Overview

Country LI presents a moderately affordable living situation for expats and remote workers, with a noticeable rise in salaries outpacing utility costs. However, potential investors should be aware of rising utility costs that could impact the attractiveness for digital nomads and expats. Internet connectivity, crucial for remote work, remains competitively priced and reliable, making it a viable option for digital professionals.

Key Findings

Data-driven insights

•Basic utilities average $272/month, representing 8% of the average monthly salary.
•Internet costs approximately $45/month, which is 1.3% of the average salary and supports high-speed requirements for remote work.
•Mobile plans cost around $30/month, totaling 0.88% of the average salary.
•Total monthly utilities and connectivity costs are about $347, approximately 10.2% of the average salary.

Market Trends

Historical patterns

•Utility costs have seen an annual increase of 5% over the past four years, outpacing the general inflation rate.
•Internet costs have remained stable with only a slight increase of 2% annually.
•Mobile plan prices have remained relatively unchanged, with a marginal increase of 1% annually.

For Investors

Actionable takeaways

•Expats should budget around $350/month for utilities and connectivity to maintain a comfortable lifestyle.
•Investors should consider the rising utility costs when assessing long-term rental yields and property appreciation.
•Digital nomads will find the cost-to-speed ratio of internet in Country LI favorable, enhancing the country's appeal as a remote work destination.
•Monitor salary growth trends as they suggest increasing disposable income, potentially driving demand for higher-end rental properties.

Market Context

Compared to neighboring countries, Country LI offers a balanced cost of living with competitive internet costs and slightly higher utility expenses. This positions it as a strategic choice for digital professionals looking for reliable connectivity without excessive costs. However, investors should be cautious of the growing utility expenses, which could affect short-term rental profitability.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.