What is Digg?35 Comments
- ninetynine, on 10/12/2007, -0/+7New York made the list at #10 and San Francisco at #34? With as much money as i have left in my wallet I would have imagined SF being higher up on the list.
- Joker182, on 10/12/2007, -0/+3The SF Bay area is definitely higher on the list than 34. May not be higher than new York but for sure not this big gap even if we're looking at the world's list. I spend my paycheck there so it's not speculation ;)
- TheWookee, on 10/12/2007, -0/+2I'd like to see the data to support this. How is it possible the Houston is a more expensive city to live in then Washington DC and Boston?
- MrStylz, on 10/12/2007, -0/+2FYI, list for 2005
http://money.cnn.com/pf/features/popups/costofliving/popup05.html - whizzbang, on 10/12/2007, -0/+1Dublin is only 18th? I'm surprised!
- synaesthesia, on 10/12/2007, -0/+1I still believe Tokyo to be the most expensive; I keep hearing of other cities who have supposedly taken that mantle, and every survey I hear has a different city as the new 'most expensive'.
- rauz, on 10/12/2007, -0/+1Here's the Top 50 most expensive cities.
http://www.smh.com.au/news/world/top-50-cities/2006/06/26/1151174117013.html
Surprised to see my city as far down as #36. - kyleh, on 10/12/2007, -0/+1What about the United Arab Emirities? or w/e its called..
- mirunit, on 10/12/2007, -0/+1In Moscow, the apartment will run you $3,000, the coffee $5.27, the paper $3.40, and the burger with fries $3.87. Wow that is insane.
- trollick, on 10/12/2007, -0/+1This is so bogus. Most of the moscowites could not possibly afford the rent even in the cheapest american city. So how the hell 8 million or so poor people can afford living in the most expensive city in the world???
- vmlinuz, on 10/12/2007, -0/+1These rankings are not for the price of living in the cities. They are for the price of living as a Western expat in the cities.
I live in Hong Kong, as an expat, and there's a pretty big difference between the price of a Western expat lifestyle and a local lifestyle. Western-furnished and -designed buildings are more expensive to live in, imported food costs more, eating out at non-Chinese (i.e. 'foreign' food) places costs more, etc. In my experience, living here for a year after living in London for 7 years, Hong Kong is much cheaper - with the exception of alcohol, buying/running a car, and rental, all of which are comparable between London and Hong Kong. Public transport is a lot cheaper here, decent food is cheaper, things like phone costs are cheaper...
These lists are - or were - designed for companies planning to pay employees, normally reasonably senior employees, as expats. It's standard to get various benefits added onto the basic pay, things like subsidised (or free) childcare or schooling, one or more trips 'home' per year, maybe even the cost of a live-in 'helper' (i.e. housekeeper or maid) - it's not a comparison of the average cost of living in the cities, it's the cost of paying someone, and probably their family, to live there. - figvam, on 10/12/2007, -0/+1Indeed, very insightful. This is the reason Moscow climbed to the first place - no way all those 10 million Russians living there are paying $3000 for their apartment.
- Crimsoneer, on 10/12/2007, -1/+2erm...central London is costlier than $3000 anyday....Seriously. London is pretty crazy. I don't see how it could possibly be no5 really, but I guess the Russia aint as cheap as it used to be. Nice to know eastern Europe is still skint though...Holiday destinations galore for us rich europeans.
- bmson, on 10/12/2007, -0/+1This must be the price based on the average income in those cities.
Reykjavik was the 3rd most expensive cities in the world last year (when it was not based on the income).
But the income in Reykjavik is the highest in Europe so I'm glad to see that it's not on the list. - Sukino, on 10/12/2007, -0/+1The articles at Mercer:
Worldwide Cost of Living Survey 2006 %u2013 city rankings
http://www.mercerhr.com/referencecontent.jhtml?idContent=1142150
Learn about our survey methodology
http://www.mercerhr.com/summary.jhtml?idContent=1124760
Download the rankings - Cost of Living and Quality of Living
https://secure.mercerhr.com/registerEvent.jhtml?idContent=1197215 - inactive, on 10/12/2007, -0/+1I recently came back fromn Moscow and London, and Tokyo before that.... London killed my wallet. Same with France. I paid over 6 USD for a small coke :-( I didn't realize it cost so much till I received my bill.
- urbanshepherd, on 10/12/2007, -0/+1Presume you got a 'dance' with your coke for that amount...
- Sukino, on 10/12/2007, -0/+1Copy and paste if it doesn't link correctly.
- chrisdrum, on 10/12/2007, -0/+1somebody before wrote it depends on your lifestyle. that is correct, however, your lifestyle in one city could be cheaper than in another city..
I live in Beijing. According to the smh.com.au link an earlier poster posted, its ranked #14. That's just a load of crap. Higher than Paris? Are the writers on crack?! More expensive than Shanghai? Obviously, they haven't actually been to these cities... - gharding, on 10/12/2007, -0/+1You can live in New York without breaking the bank. Get a roommate, live in Brooklyn, Queens, Jersey, or the Upper West Side. Get rid of your car if you want to live in the city ($76/mo for a subway pass instead of car payments, maintenence, parking/parking tickets). I imagine it's like this in the other expensive cities.
And only $3k/mo? I live in a $3k/mo apartment in NYC and it's a dump! - theoallardyce, on 10/12/2007, -0/+1Wooohooo! London is down from number 1 to number 5, finally we can afford to eat again!
- kilps, on 10/12/2007, -0/+1"The cheapest cities in the world are .... Zimbabwe's Harare..."
You've got to be jokeing right? Zim? They have the highest rate of inflation in the world, there is hardly any petrol, etc ...
I am guessing therefore they looked at the actual value of the cities, that would make more sense... - rauz, on 10/12/2007, -1/+1The above is according to Mercer Human Resource Consulting.
- DaveK67, on 10/11/2007, -0/+0I can't believe LA is ranked so low... I lived as an 'Ex Pat' (I'm from rural upstate NY... LA might as well be a different country) on an extended project in Irvine for a year from 2000 to 2001, rent on my unfurnished 3br apartment was $3400 a month way back then.
- Celeron, on 10/12/2007, -2/+2$3,000 for an apartment?! Outrageous.
- wiregen, on 10/12/2007, -0/+0Manila is really truly one of the cheapest cities in the world.
A big mac value meal is 112 peso. The conversion rate is around 52 pesos to the dollar. So it's rougly 2.15cents for a value meal!
src:
http://www.mcdonalds.com.ph - Zyzzyva100, on 10/12/2007, -1/+0I am surprised that Chicago is #4 in the US, because I know friends that lived down the street from Wrigley Field without breaking the bank. Maybe the fact that I am from the suburbs skews my perspective, but if you look there are always bargains for housing in major cities.
This being said, I will miss Cleveland when I (most likely) leave to attend medical school elsewhere. I can live like a king here, but will likely be living like a student again in any other city. The cost of living issue did influence where I applied, however, nothing in California or NYC - just too damn expensive. - beartamer, on 10/12/2007, -1/+0And i've decided to go Moscow... Maybe I should seek my fortune elsewhere?
Moscow certainly looks very contrast in comparison with average Russian town. IT spec gets (avg) $1500-2000 net monthly in Moscow, and should spend at least $500 for tiny flat, something like $100.000 to become that flat owner. And in rural area $1500 would be enogh to bye house and a cow maybe =) - poipoipoi, on 10/12/2007, -5/+3these city rankings are worthless; the money you spend depends on your lifestyle.
- sevenhelmets, on 10/12/2007, -3/+1$3,000 for what? a week? month? day?
- slochewie, on 10/12/2007, -3/+0"Mercer found that Moscow costs 24 percent more than Gotham....."
Glad to see that the fictional home of Batman is still cheaper to live in than Moscow. I'd hate to see Wayne Enterprises have to move to a new location where it's employees can afford to live. - gjscds, on 10/12/2007, -5/+0Wondering how they calculated this? 2 bedroom apartment, cup of coffee, an international newspaper, and a happy meal? Kind of a wierd metric if you ask me--espeically when they didn't calculate mean or median income.
A $2.77 happy meal is looking pretty dang expensive when you earn 14 cents an hour... - Udon, on 10/12/2007, -6/+1Submitted first: http://digg.com/tech_news/Step_aside_Tokyo_-_Moscow_is_the_world_s_most_expensive_city
(before digg v3) - inactive, on 10/12/2007, -5/+0wow.. prices change.. neat
- rutterj2, on 10/12/2007, -11/+0wow, the first comment!
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