The World's Most Costly Cities
Based on a survey of 144 cities worldwide, Tokyo is the world's costliest city. These rankings are based on a comparison of the costs of more than 200 items including housing, public and private transport, food, clothing and entertainment. In terms of U.S. cities, New York is the only one in the top 25, coming in at #13. Looking for a cheap place to live? Try Paraguay -- the city of Asuncion ranked as the cheapest in the survey. Not interested in moving so far from home? Then try Ottawa, which is the cheapest North American city on the list at #122 (this isn't say that it's truly the cheapest in North America, just the cheapest one on the list). Read on for the top 25.
The world's costliest 25 cities (with last year's ranking in parentheses):
1. Tokyo, Japan (1)
2. Osaka, Japan (4)
3. London, Britain (2)
4. Moscow, Russia (3)
5. Seoul, South Korea (7)
6. Geneva, Switzerland (6)
7. Zurich, Switzerland (9)
8. Copenhagen, Denmark (8)
9. Hong Kong, Hong Kong (5)
10. Oslo, Norway (15)
11. Milan, Italy (14)
12. Paris, France (17)
13. New York City, United States (12)
14. Dublin, Ireland (14)
15. St. Petersburg, Russia (10)
16. Vienna, Austria (19)
17. Rome, Italy (21)
18. Stockholm, Sweden (22)
19. Beijing, China (11)
20. Sydney, Australia (20)
21. Helsinki, Finland (23)
22. Douala, Cameroon (25)
23. Istanbul, Turkey (18)
24/25. Amsterdam, Netherlands (26)/Budapest, Hungary (34) (tie)
--
Please CLICK HERE to read/leave comments on this entry
"The World's Most Costly Cities" was first published at fivecentnickel.com
According to a recent article on CNN/Money, home prices in the U.S. have surged 12.5% over the past year, with fifteen markets in particular having experienced above average gains making them especially susceptible to a housing correction. Are you at risk? Read on to find ... Read
As a followup to my previous post on the world's most costly cities, I thought I'd mention another article that I recently ran across in Reader's Digest -- this time it's a list ranking America's fifty largest cities in terms of cleanliness. These rankings are ... Read
According to Bankrate.com, 40 year mortgages are going mainstream. To date, these loans have been rare because banks couldn't sell them to investors via Fannie Mae or Freddie Mac. However, that all changed this month when Fannie Mae started buying 40 year mortgages. Whether or ... Read
CNN/Money has an interesting article on home price appreciation in the 100 top markets, including a table listing the percent increase in each over the past five years, as well as a forecast for 2006. Some of the five year numbers are pretty unbelievable... On ... Read
