International Cost of Living Comparison – Global Trends
International Cost of Living Comparison – Global Trends
The ongoing impact of the credit crisis, slowing global economies, falling house prices, global stock market and exchange rate volatility, together with the US dollar strengthening against most currencies are all factors contributing to a major change in the global cost of living rankings.
The International Cost of Living Comparison comprises indexes for each of 276 global locations. The indexes are calculated using the prices for specific quantities of the same goods and services in each location, based on expatriate spending patterns across 13 broad categories (Basket Groups).
The latest international cost of living ranking, together with the overall cost of living index is as follows:
Rank Location (Overall Cost of Living Index New York=100)
1 Japan, Tokyo (126.03)
2 Norway, Oslo (123.74)
3 Denmark, Copenhagen (121.11)
4 Switzerland, Geneva (119.59)
5 Brazil, Brasilia (118.53)
6 United Kingdom, London (118.23)
7 Greenland, Nuuk (117.14)
8 Switzerland, Zurich (116.18)
9 Hungary, Budapest (114.36)
10 Russia, Moscow (113.41)
11 Nigeria, Lagos (112.69)
12 Ireland, Dublin (112.65)
13 New Caledonia, Noumea (112.43)
14 France, Paris (112.38)
15 Chad, N’Djamena (111.3)
16 Italy, Milan (111.19)
17 Cameroon, Douala (111.06)
18 Liechtenstein, Vaduz (110.89)
19 San Marino, San Marino (110.78)
20 Monaco, Monaco (109.83)
21 Czech Republic, Prague (109.81)
22 Austria, Vienna (109.68)
23 Slovakia, Bratislava (109.31)
24 Isle of Man, Douglas (108.97)
25 Poland, Warsaw (107.63)
26 Bermuda, Hamilton (107.53)
27 Italy, Rome (107.29)
28 Finland, Helsinki (107.07)
29 Australia, Sydney (106.52)
30 USA, San Francisco Calif (104.53)
31 Cote D’Ivoire, Abidjan (104.4)
32 Venezuela, Caracas (104.02)
33 China, Hong Kong (103.43)
34 United Arab Emirates, Dubai (103.36)
35 Croatia, Zagreb (103.29)
36 Angola, Luanda (103.27)
37 Belgium, Brussels (103.19)
38 Netherlands, Amsterdam (102.33)
39 Jersey, Saint Helier (102.24)
40 Papua New Guinea, Port Moresby (102.22)
41 Korea Republic of, Seoul (101.94)
42 Iceland, Reykjavík (101.66)
43 Ukraine, Kiev (101.2)
44 Guernsey, St Peter Port (100.68)
45 Qatar, Doha (100.64)
46 Central African Republic, Bangui (100.58)
47 Spain, Madrid (100.26)
48 USA, San Jose Calif (100.13)
49 Falkland Islands, Stanley (100)
50 USA, New York NY (100)
51 Sweden, Stockholm (99.76)
52 USA, Boston Mass (99.63)
53 Cameroon, Yaounde (98.84)
54 Mali, Bamako (98.74)
55 Benin, Cotonou (98.6)
56 Germany, Berlin (98.18)
57 Micronesia, Palikir (97.98)
58 Gabon, Libreville (97.77)
59 Canada, Toronto (97.39)
60 Germany, Bonn (96.38)
61 Vatican City, Vatican City (96.23)
62 Australia, Melbourne (95.88)
63 Australia, Canberra (95.88)
64 Estonia, Tallinn (95.08)
65 Turkey, Ankara (94.87)
66 Singapore, Singapore (94.6)
67 Guinea-Bissau, Bissau (94.24)
68 USA, Los Angeles Calif (93.93)
69 Palau, Melekeok (93.85)
70 Luxembourg, Luxembourg (93.77)
71 Canada, Vancouver (93.48)
72 Portugal, Lisbon (92.84)
73 Australia, Perth (92.82)
74 Germany, Frankfurt (92.81)
75 Azerbaijan, Baku (92.76)
76 Gibraltar, Gibraltar (92.33)
77 Comores, Moroni (92.04)
78 USA, Washington DC (91.8)
79 USA, Philadelphia Pa (91.49)
80 Nauru, Yaren (91.16)
81 Kazakhstan, Almaty (90.99)
82 Bahrain, Manama (90.82)
83 USA, San Diego Calif (90.7)
84 Bahamas, Nassau (90.63)
85 Togo, Lome (90.11)
86 Taiwan, Taipei (90.07)
87 Haiti, Port-au-Prince (90)
88 Senegal, Dakar (89.57)
89 Saint Helena, Jamestown (89.26)
90 USA, Baltimore Md (89.25)
91 United Kingdom, Glasgow (88.88)
92 Djibouti, Djibouti (88.45)
93 Niger, Niamey (88.38)
94 Zambia, Lusaka (88.36)
95 USA, Seattle Wash (88.3)
96 Andorra, Andorra la Vella (88.13)
97 Vietnam, Hanoi (88.03)
98 Tonga, Nuku’Alofa (87.34)
99 Gambia, Banjul (87.23)
100 United Arab Emirates, Abu Dhabi (87.16)
101 Cayman Islands, George Town (86.81)
102 Sudan, Khartoum (86.64)
103 Greece, Athens (86.59)
104 Barbados, Bridgetown (86.5)
105 USA, Portland Ore (86.1)
106 Sierra Leone, Freetown (85.92)
107 Equatorial Guinea, Malabo (85.89)
108 USA, Chicago Ill (85.73)
109 Romania, Bucharest (85.55)
110 USA, Miami Fla (85.54)
111 Marshall Islands, Majuro (85.41)
112 Cyprus, Nicosia (85.26)
113 Malta, Velletta (84.99)
114 Moldova, Chisinau (84.89)
115 Ghana, Accra (84.89)
116 United Kingdom, Birmingham (84.76)
117 Canada, Montreal (84.37)
118 Algeria, Algiers (84.01)
119 Israel, Jerusalem (83.82)
120 Australia, Brisbane (83.29)
121 Burkina Faso, Ouagadougou (82.92)
122 Lebanon, Beirut (82.74)
123 Jordan, Amman (82.41)
124 Guinea, Conakry (82.16)
125 Jamaica, Kingston (82.11)
126 Philippines, Manila (82.07)
127 Georgia Republic of, Tbilisi (82.03)
128 Congo
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