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Forum posts for Advice of the Day for September 9th 2005!

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Posted by mike on Sep 09, 2005
So the cost of living increse in Toronto was 6.1%?

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Posted by phduffy on Sep 09, 2005
I'm not 100% sure how to read this table, other than for ranking purposes.

One thing I think you can do is take Toronto's score (76.3 or something) and then take the other cities' scores as a percentage of TO's score.

So if Vancouver is a 73.5, then calculate (73.5/76.3)*100 = 96.3%, so Vancouver is about 3.7% cheaper to live in then Toronto. So you could take a Toronto salary and multiply it by .963, to find out the equivalent Vancouver salary.

I think.

My interpretation
Posted by kristian on Sep 09, 2005
So it appears that New York, NY is set at 100 and the cost of living is all compared to NY (or it a shocking coincidence that the index was 100 for last year and this year). So Toronto is 76.2% of New York. And Ottawa is a God damn bargain at 66.4%. And freaking Tokyo is 134.7% of New York. That means it's more than twice the cost of living than Ottawa!

Domo arigato Mr. Roboto.

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Posted by phduffy on Sep 09, 2005
Much better job Kristian.

OK
Posted by mike on Sep 09, 2005
So what is the cost of living increase this year? Where do I go to find out.

I have a review coming up and I don't want to "take their word for it" again this year.


Good call
Posted by kristian on Sep 09, 2005
Good call on knowing the cost of living increase to ask for that in a raise. I will also research this and get back to you, as I figure I deserve a raise soon too.

you were right the first time
Posted by kristian on Sep 09, 2005
Mike, I think you are correct that the increase in Toronto is 6.1%.

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Posted by pudding on Sep 09, 2005
Mike, unfortunately, i don't think KW is on the list.

You can find the cpi increase at the bank of canada, or just ask for a 5-7% increase and tell them 2.5% is for cost of living and the rest is performance-based.

as long as you can back up the performance part :)