Post by SwordandCompass on Jul 6, 2004 6:18:40 GMT -5
NYC Drops in 'Most Expensive Cities' Survey
The Mercer Human Resource Consulting company compiled a list of the world's most expensive cities, and New York City is not in the top ten.
EUSKO ETXEA NEWS
The weak American dollar and strong European and Asian currencies helped make Tokyo and London the most expensive cities in the world, followed by Moscow- with Osaka, Japan, and Hong Kong rounding out the top five most expensive cities. The five least expensive cities were Asunción in Paraguay, Montevideo in Uruguay, Santo Domingo in the Dominican Republic, Buenos Aires in Argentina, and Harare in Zimbabwe.
New York remains the most expensive city in the United States, but it was number 12 on the world list. Other US cities that ranked as among the most expensive are Los Angeles, Chicago and San Francisco, while Pittsburg was the least expensive city in the country.
A cup of coffe with table service in the most expensive city of the world, Tokyo, would cost $5.48 in Tokyo while in New York you would pay about $3.30.
The survey ranks cost of living for foreign workers, not local residents, and is used primarily by multinational companies to determine pay for expatriate employees. The survey took into consideration more than 200 criteria, including the cost of utilities, food, and entertainment.
See the whole list below:
1-Tokyo, Japan
2-London, UK
3-Moscow, Russia
4-Osaka, Japan
5-Hong Kong
6-Geneva, Switzerland
7-Seoul, South Korea
8-Copenhagen, Denmark
9-Zürich, Switzerland
10-St. Petersburg, Russia
11-Beijing, China
12-New York City, USA
13-Milan, Italy
14-Dublin, Ireland
15-Oslo, Norway
16-Shanghai, China
17-Paris, France
18-Istanbul, Turkey
19-Vienna, Austria
20-Sydney, Australia
21-Rome, Italy
22-Stockholm, Sweden
23-Helsinki, Finland
24-Abidjan, Ivory Coast
25-Douala, Cameroon
26-Amsterdam, Netherlands
27-Los Angeles, USA
28-Berlin, Germany
29-Hanoi, Vietnam
30-Shenzhen, China
31-Taipei, Taiwan
32-Guangzhou, China
33-Tel Aviv, Israel
34-Budapest, Hungary
35-Chicago, USA
36-Ho Chi Minh City, Vietnam
37-Beirut, Lebanon
38-San Francisco, USA
39-Luxembourg
40-Düsseldorf, Germany
41-Glasgow, UK
42-Frankfurt, Germany
43-Munich, Germany
44-Bratislava, Slovak Republic
45-Jakarta, Indonesia
46-Singapore
47-Dakar, Senegal
48-Riga, Latvia
49-Prague, Czech Republic
50-Athens, Greece
51-Birmingham, UK
52-White Plains, USA
53-Brussels, Belgium
54-Kiev, Ukraine
55-Miami, USA
56-Barcelona, Spain
57-Honolulu, USA
58-Hamburg, Germany
59-Zagreb, Croatia
60-Algiers, Algeria
61-Madrid, Spain
62-Abu Dhabi, United Arab Emirates
63-Amman, Jordan
64-Kuwait City, Kuwait
65-San Juan, Puerto Rico
66-Casablanca, Morocco
67-Melbourne, Australia
68-Washington, USA
69-Lyon, France
70-Boston, USA
71-Lisbon, Portugal
72-Morristown, USA
73-Houston, USA
74-Almaty, Kazakhstan
75-Tallinn, Estonia
76-Warsaw, Poland
77-Riyadh, Saudi Arabia
78-Manama, Bahrain
79-Sofia, Bulgaria
80-Auckland, New Zealand
81-Jeddah, Saudi Arabia
82-Ljubljana, Slovenia
83-Dubai, United Arab Emirates
84-Mexico City, Mexico
85-Atlanta, USA
86-Wellington, New Zealand
87-Brisbane, Australia
88-Adelaide, Australia
89-Toronto, Canada
90-Seattle, USA
91-Vilnius, Lithuania
92-St. Louis, USA
93-Leipzig, Germany
94-Perth, Australia
95-Limassol, Cyprus
96-Vancouver, Canada
97-Accra, Ghana
98-Cleveland, USA
99-Cairo, Egypt
100-Denver, USA
101-Detroit, USA
102-Monterrey, Mexico
103-Kingston, Jamaica
104-Kuala Lumpur, Malaysia
105-Portland, USA
106-Panama City
107-Winston Salem, USA
108-Guatemala City, Guatemala
109-Mumbai, India
110-Bandar Seri Begawan, Brunei
111-Lagos, Nigeria
112-Pittsburgh, USA
113-Montreal, Canada
114-Calgary, Canada
115-Tianjin, China
116-New Delhi, India
117-Dacca (Dhaka), Bangladesh
118-Lima, Peru
119-Bangkok, Thailand
120-Tunis, Tunisia
121-Nairobi, Kenya
122-Tehran, Iran
123-Santiago, Chile
124-Ottawa, Canada
125-Lusaka, Zambia
126-Johannesburg, South Africa
127-Colombo, Sri Lanka
128-São Paulo, Brazil
129-Bucharest, Romania
130-San José, Costa Rica
131-Rio de Janeiro, Brazil
132-Karachi, Pakistan
133-Chennai (Madras), India
134-Caracas, Venezuela
135-Blantyre, Malawi
136-Quito, Ecuador
137-Bangalore, India
138-Manila, Philippines
139-Bogotá, Colombia
140-Harare, Zimbabwe
141-Buenos Aires, Argentina
142-Santo Domingo, Dominican Republic
143-Montevideo, Uruguay
144-Asunción, Paraguay
(Source: Mercer Human Resource Consulting, 2004 Cost of Living Survey)