Calculate What You Should Spend on a Hotel Abroad with the Big Mac Index

When you travel abroad, things can be a lot cheaper than they are hereincluding hotels.

Add up all of your living costs, including rent, mortgage, property tax, and utilities.

Now divide that by 30.5 days.

This rate is what you could potentially spend on hotels when you travel abroad without breaking the bank.

Divide $2.5 by $3.8 to get 66%.

Now multiply $180 by 66% and you get $118.80.

Still theBig Mac Indexis an interesting way to compare, regardless of what you might need to pay for.

you could learn more about the calculations at the link below.

How Much to Spend On a Hotel While Traveling Abroad - Calculate Your Adjusted NHER| Financial Samurai

Photo byrob_rob2001.