One of the most important factors that defines a city is its cost of living. The cost of living is an index of how expensive it is to live in a particular city. It includes the cost of basic necessities such as food, housing, and utilities, as well as other daily expenses such as transportation and entertainment.
In the field of business, data about the cost of living and average prices is a relevant parameter. It serves many purposes that developers´ clients in this field will find essential for better experience and more profit.
The cost of living can vary widely from city to city; it depends on a number of factors such as the local economy, the strength of the currency, and the availability of goods and services. This means that to draw this figure with accuracy and efficiency to plan one´s budget accordingly there´s nothing better than Cities Cost Of Living And Average Prices API.
How To Use This API?
In just a few seconds, this API will provide all the necessary information about any city in the world. It has a simple and intuitive user interface that makes it easy for anyone; in addition, it also offers results in plain English (JSON) so that anyone can easily understand them.
Developers need a reliable basis like this to devise effective tools for business owners that need this data for pricing, establishing wage schemes and adjustments, forecast investment and expansion, and in general make the right decisions that will derive in profits.
This API is ideal for those who want to get an overall view of the cost of living in different cities around the world, or those who want to compare prices across different cities. It’s ideal for businesses that want to offer their customers an international shopping experience, or for those who want to know how affordable it is to live in different cities around the world to plan settling outlets in those locations.
The application supports more than 8000 cities, and furnishes accurate information about the cost of living and prices in those cities. Thirty-five different currencies are available, and more can quickly be added upon request to the provider. It retrieves all the supported countries in this API. It includes multiple indices like real estate costs, restaurant prices, food and beverages, education, insurance, transportation, and many other items that determine the CoL. It`s updated on a daily basis with NUMBEO.
The application has 4 endpoints:
- GET COUNTRIES: It retrieves all the supported countries in this API.
- GET CITIES BY COUNTRY: This endpoint will retrieve all the supported cities in a given country.
- COST OF LIVING BY COUNTRY: This endpoint will retrieve the average cost of living in a certain country. This endpoint will calculate the average prices and cost of living across the given country.
- COST OF LIVING BY CITY: This endpoint will retrieve the average prices and cost of living for the desired city.
How To Use This API For Your Business
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.
If the user is planning to locate a branch in Kansas, TX, United States -for example- by just inserting the name of the city the API will output all the necessary information to analyze to decide how profitable this expansion can be. Whatever the kind of business, the data it furnishes is of outstanding relevance to make the correct decisions. The following is only an extract of the response, which will look like this:
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"},{"Cost":"Domestic Beer, 0.5 liter Draught","Value":"4.00"},{"Cost":"Imported Beer, 0.33 liter Bottle","Value":"6.00"},{"Cost":"Cappuccino","Value":"3.95"},{"Cost":"Coca-Cola, 0.33 liter Bottle","Value":"1.97"}{"Cost":"Taxi Start, Normal Tariff","Value":"2.50"},{"Cost":"Taxi, price for 1 km, Normal Tariff","Value":"1.55"},{"Cost":"Taxi, price for 1 hour Waiting, Normal Tariff","Value":"29.00"},{"Cost":"Gasoline, 1 liter","Value":"0.53"},{"Cost":"Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)","Value":"21,422.50"}],"Utilities Per Month prices":[{"Cost":"Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage","Value":"140.86"}