Insight

Jakarta vs. ASEAN: Affordability and Quality of Life

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Algo Research Team

Economics | Sep 27, 2024 | Views: 72

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Key Summary:

  • Jakarta is one of the most affordable cities in Southeast Asia
  • Low purchasing power implications for middle class
  • Infrastructural and environmental challenges in the city

Based on Numbeo, Jakarta is one of the most affordable cities in Southeast Asia, offering lower living costs for housing, groceries, and dining compared to regional peers like Singapore. But despite these advantages, Jakarta's low purchasing power and quality of life indices pose challenges for its residents.



Details: Given that the study is done by an US institute, the index used is measured relative to New York, which is benchmarked at 100.

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