The World’s Most Expensive Cities
A word of warning. you may be shocked when you take a look at this Top 30.
This list could save you a fortune, on the other hand it could confirm that you may want to take a little more money with you, as well as a Mobal World Phone.
Oslo retains the title of ‘The Worlds Most Expensive City’, while their neighbouring Scandinavian Cities Copenhagen, Stockholm and Helsinki also make the Top 10.
Tokyo is the most expensive Asian city, but Singapore is catching up having entered the Top 10 this year, climbing 14 places since 2009.
A few of the ranking stalwarts, including New York, London and Paris do not even appear in the Top 10. While Canadian Cities, Toronto and Montreal, have raced up the rankings and climbed up 22 and 15 places respectively.
The rankings are produced from the Swiss-based UBS Prices and Earnings report. It compares the average “shopping basket” of 122 goods and services. This is done every three years and adjusts for inflation, GDP growth and changes in foreign exchange rates.
Workers in some of the world’s most expensive cities receive a fair lick in their pay packets, too, which doesn’t help holiday-makers. Though if you earn a buck in Zurich, Sydney or Luxembourg, chances are you have the highest net purchasing power.
So here’s the run down:
|RANK 2011||CITIES||RANK 2009||POSITION CHANGE|
|14||New York City||6||-8||DOWN|
|26||Rio de Janeiro||48||22||UP|