The Julius Baer Lifestyle Index 2013: The cost of luxurious living
With the new edition, we have added Jakarta, Kuala Lumpur, Taipei, Bangkok, Manila, Seoul and Tokyo which, in effect, means that the Julius Baer Lifestyle Index will offer far more comprehensive insights into the cost of living for the region’s high net worth individuals.
Methodology: Julius Baer Lifestyle Index
The Julius Baer Lifestyle Index is based on a basket of 20 luxury goods and services that represent discretionary purchases of HNWI* in the region. Current prices, as well as for one year review, for these were sourced from local high-end vendors across four major Asia cities: Hong Kong, Shanghai, Singapore and Mumbai.