Tuesday, 27 June 2006
Chicago 38th most expensive city to live in world
Chicago has been rated the 38th most expensive city to live in the world and the 4th in the USA behind New York (10th in world), Los Angeles (29th) and San Francisco (34th).
Chicago actually dropped two places from 2005, even though I think it has gotten more expensive in the two and a half years I've been there.
Other American cities that appear in the top world's top 50 are Miami and White Plains, NY.
London is the 5th most expensive behind Hong Kong, Tokyo and Seoul but surprisingly it is Moscow that comes out top, although the disparities between rich and poor I imagine are immense.
The survey was carried out by human resources consulting firm Mercer and covers 144 cities across 6 continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. The guide is used by multinational companies and governments to determine compensation allowances for their expat employees, which may explain why Moscow comes out on top. ¶ 06:00
Chicago actually dropped two places from 2005, even though I think it has gotten more expensive in the two and a half years I've been there.
Other American cities that appear in the top world's top 50 are Miami and White Plains, NY.
London is the 5th most expensive behind Hong Kong, Tokyo and Seoul but surprisingly it is Moscow that comes out top, although the disparities between rich and poor I imagine are immense.
The survey was carried out by human resources consulting firm Mercer and covers 144 cities across 6 continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. The guide is used by multinational companies and governments to determine compensation allowances for their expat employees, which may explain why Moscow comes out on top. ¶ 06:00
