Most Expensive Cities of the World.

Mumbai stands at 130,Karachi 131.

Chart showing Costliest Cities.
Costliest Cities of the World.

 

Zurich is the most expensive city in the world, according to the latest Worldwide Cost of Living Survey from the Economist Intelligence Unit, which found the four priciest metros are all in Switzerland and Japan.

The survey compares the price of hundreds of products and services, including food, rent, and transportation, in 131 cities. The prices are then indexed to New York City, which keeps a score of 100. Zurich knocked off Tokyo by a score of 170 to 166, which indicates that living in those cities is 70% and 66% more expensive than living in NYC, as measured in U.S. dollars. No American cities cracked the top 10. (If you find it hard to believe that so many cities in the world are more expensive than every U.S. metro, keep in mind that real estate prices aren’t factored into the survey.)

Looking deeper down the list, some surprises emerge. New York City fell below Los Angeles into a tie with Chicago. Globetrotters might be surprised to learn that Cleveland finished just above Rio. The three cities at the bottom of the list were Karachi, Pakistan, Mumbai, and Tehran, all of which finished around 50, suggesting that they are half as expensive as New York City. This great graph from The Economist offers a good sampling of large metros:

http://digg.com/newsbar/Worldnews/the_10_most_expensive_cities_in_the_world_and_how_they_got_that_way

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One response to “Most Expensive Cities of the World.”

  1. aboriginalpress Avatar

    Reblogged this on Aboriginal Press.

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