Using an American $1500/mo UBI as standard, I estimate the raw cost per annum of delivering a roughly equivalent basic income in any given country as:
Cost = ($1500/mo * 12 mo) * (Target country cost of living index / USA cost of living index) * (population of country age 15 and above) * (purchasing power compromise multiplier).
The purchasing power compromise multiplier I’m using reflects the relative standard of living expectations in these countries. For example, Nepal has a Cost of Living + Rent index of 15.5 according to numbeo ( Cost of Living Index by Country 2022 Mid-Year (numbeo.com) […]
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