The cost of living is based on a number of factors, including housing costs, grocery expenses, and utility bills. In addition to these factors, the cost of living also includes expenses for transportation, health care, and education.
Developers´ job is to devise tools for their clients so as to ease down the task of gathering data for various purposes. A good starting point for developers is a cost of living and average prices tool on which to develop software.
The cost of living varies considerably from one city/country to another, and even from one neighborhood/region to another. The cost of living in a location is the sum of the price of all the goods and services that it costs to live there. The cost of living turns out from many factors, such as the cost of rent, food, transportation, utilities, and other goods and services. It´s essential for estimating the minimum wage in a given location. For accuracy, efficiency, ease of use and real-time response there´s the best tool available: Cities Cost Of Living And Average Prices API.
Developers must also devise an API that easily integrates in any system and application, to make it appropriate for every client.
Cost of living indicators are used by businesses to determine where to locate their operations and by individuals to determine where to relocate. Cost of living indices are also used by governments and international organizations to compare the cost of living between countries and regions.
The average price for goods and services in a city is called the average price index. This index is calculated by dividing the sum of all prices by the sum of all quantities sold. The average price index is used to calculate the consumer price index (CPI). The CPI is a measure of inflation that tracks changes in the cost of consumer goods and services over time.
Benefits Of This API
Cities Cost of Living and Average Prices API can be easily integrated into a users application, it´s the best software to compare prices and find out which city is the most affordable. It`s perfect for developers because it enables them to create applications that will satisfy their clients´ needs. With this API both developers and users will save time and money. With this API, they can get all the data they need in just a few seconds and without spending a dime.
The API supports more than 8000 cities, and furnishes accurate information about the cost of living and prices in those cities. It retrieves all the supported countries in this API. There are 4 endpoints to the application: GET COUNTRIES, GET CITIES BY COUNTRY, COST OF LIVING BY COUNTRY and COST OF LIVING BY CITY, that retrieve the specific data as per the users request.
It includes multiple indexes like groceries, purchasing power, rent,specific food and beverages, real estate prices and rental costs, fuel and energy services, and many other basic expenses and costs. The API supports .
On a more detailed level, average prices (and ranges) of individual items like a specific food, the cost of an apartment or salary. It supports 35 different currencies, and more can quickly be added upon request to the supplier. What makes the API more efficient is that it`s updated by NUMBEO on a daily basis.
How To Get Started
Counting on a subscription on Zyla API Hub marketplace, just start using, connecting and managing APIs. Subscribe to Cities Cost Of Living And Average Prices API by simply clicking on the button “Start Free Trial”. Then meet the needed endpoint and simply provide the search reference. Make the API call by pressing the button “test endpoint” and see the results on display. The AI will process and retrieve an accurate report using this data.
Cities Cost Of Living And Average Prices API examines the input and processes the request using the resources available (AI and ML). In no time at all the application will retrieve an accurate response.
Find below an example of an extract of the response if the input is Austin, TX, United States. All prices and costs are considered to draw the monthly cost of living in that city for 2 people with average consumption, restaurant prices, childcare prices and education, clothing and apartment prices, among many other items. The response will look like this:
{"Version":1,"Country Name":"United States","City Name":"Austin Tx","Cost of Living Month Total":"1171.41","Currency":"USD","Note":"Total cost of living in Austin for two person with average consumption for one month will be 1171.41 USD, no rent price included","Status":200,"Success":true,"Restaurants prices":[{"Cost":"Meal in Inexpensive Restaurant","Value":"15.00"},{"Cost":"Meal for 2 People, Mid-range Restaurant, Three-course","Value":"50.00"},{"Cost":"McMeal at McDonalds or Alternative Combo Meal","Value":"7.50"}"Childcare prices":[{"Cost":"Private Preschool or Kindergarten, Monthly for 1 Child","Value":"991.06"},{"Cost":"International Primary School, Yearly for 1 Child","Value":"17,000.00"}],"Clothing And Shoes prices":[{"Cost":"Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.","Value":"38.60"}"Buy Apartment prices":[{"Cost":"Price per m2 to Buy Apartment in City Center","Value":"4,366.88"},{"Cost":"Price per m2 to Buy Apartment Outside of City Center","Value":"2,026.72"}]}