Events: Cost of living global city rankings: No. 8 Beijing Hong Kong 16
Type of Event: Daily life

Daily News: February 24, 2011 AD

Date: February 24, 2011 AD

Time Channel Today in History

Source: 中国新闻网

Event Details:

  According to the latest 2010 "Global Cost of Living Survey", the most expensive cities in the top 10 the first time, three Asian cities, including Hong Kong, at No. 8.
  According to the survey, seven Chinese cities into the 2010 list, which ranked No. 16 Beijing, Shanghai, ranked 25, ranked 38 in Guangzhou, Taipei, ranked 78.
  Luanda, Angola is the world's highest living costs for expatriates employees of the city. Tokyo ranked second and ranked third in N'Djamena, Chad. The fourth named the Russian capital Moscow, Geneva, Switzerland, followed in fifth, while Karachi is the world's lowest cost of living in the city. The survey also found that Luanda, three times the cost of living in Karachi.
  In Asia, the two Japanese cities (Tokyo and Osaka) as the highest cost of living in the area of the city. Other top-ranking cities in Hong Kong, Singapore (ranked 11th in the world), Seoul (14), Beijing (16), Nagoya, Japan (19), Shanghai (25) and Taipei (78).
  In the United States, New York is the most expensive city (27), followed by Los Angeles. Washington, ranked 111th worldwide. America's lowest-cost city is Winston-Salem. Mexico City (166) is the highest cost of living in Mexico City, lowest cost of living is the city of Monterrey (193). Vancouver (75) is the most expensive city in Canada, followed by Toronto (76) and Montreal (98). Ottawa (136) is the lowest cost of living cities in Canada.
  After Moscow, Geneva, Zurich and Copenhagen, the most expensive European city in Oslo, Norway (11), Milan, Italy (15), London and Paris (both 17) and Berne (22).
  The survey conducted by Mercer consulting firm, said the survey covered 214 global cities in 5 continents, over 200 projects to measure the relative costs, including housing, transport, food, clothing, household goods and entertainment. This is the world's most comprehensive cost of living survey and is used to help multinational companies and governments determine compensation allowances for expatriates.
  Cost of living index in New York is used as the base city, all the other cities are compared with the city. U.S. dollar currency movements were measured. The cost of housing is often the biggest overseas presence expenditures in determining the ranking of cities play an important role when the situation.
  (Editor: Xiaoqing)
Translated by Google

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