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Cost of Living Surveyed Globally

Accepted submission by butthurt at 2016-03-16 20:29:48
Business

The Economist Intelligence Unit [wikipedia.org] (under the same ownership as The Economist) released its semiannual report, "The Worldwide Cost of Living [eiu.com]." While the report itself is sold, its contents were written about in various media:

Among the ranks of the most expensive cities, Hong Kong, London, Los Angeles and New York rose, while Paris and Oslo fell. Some of the changes were attributed to a decrease in the value of the euro, and an increase in the value of the U.S. dollar. While the cost of living in Singapore had declined by 10% in a year, it remained the most expensive city overall, and the most expensive place in which to own a car.

The least expensive were Lusaka [wikipedia.org], Karachi, Bengaluru (Bangalore), Mumbai, Chennai, New Delhi, and Tehran.


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