Paris It is the most expensive city to live according to the latest survey carried out by the Economist Intelligence Unit. The study was in charge of evaluating the cost of living by comparing the prices of housing, food, clothing, transport and the costs of public services in 132 cities around the world. The objective of the study is to help companies calculate the subsidies for executives and their families who are sent to work in other cities in the world.
Tokyo It is in second place, above the sixth place it was a year ago. The fall of the currency in Russia against the dollar, has made Moscow a much cheaper place than it was before. According to economists, there is nothing surprising in that Paris occupies that first place, since it is a highly developed city within a great country.
This year, the study managers have decided to convert all economic amounts into Dollars, why? Very easy; in this way they are able to better compare prices after the strengthening of the euro. This has grown about 20% against the dollar in the past year. If you want to plan your holidaysHere is the list of the 10 most expensive cities in the world:
1 – Paris France
2 – Tokyo Japan
3 – Oslo, Norway
4 – Frankfurt, Germany
5 – Milano, Italy
6 – Sydney, Australia
7 –London, U.K.
8 – Dublin, Ireland
9 – Chicago, USA
10 – Shanghai, China
Singapore, Paris and Hong Kong are the world's most expensive cities (April 2024)
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