Most Expensive Cites (hotel, living, costs)

[cmptrwlt]

1. Singapore

2. Hong Kong

3. Zurich

4. Tokyo

5. Osaka

6. Seoul

7. Geneva

8. Paris

9. New York

10. Copenhagen


Measuring the cost of living worldwide

[GymFanatic]

New York definitely! £200 a night just for a 3* hotel!

Money is certainly no object there.

[Douglas Dakota]

Originally Posted by GymFanatic

New York definitely! £200 a night just for a 3* hotel!

Money is certainly no object there.

Well it does make a difference if a city is expensive for residents or for foreigners. New York may be expensive for both, but cities such as Luanda in Angola are considered most expensive for foreigners, but cheap for locals.

[Brave New World]

The Economist Intelligence Unit (EIU) compares more than 400 individual prices across 160 products and services, including food, drink, clothing, rents, transport and utility bills. Prices are converted into US dollars, with each city ranked above or below New York. For instance in the survey, Singapore scored 120 (20% higher than New York) while London scored 89, or 11% less than New York.

The Low Pound and strong competition in the retail sector have helped to lower some costs in terms of international comparisons, and there has been in increase in international shoppers to London and the UK.