Tokyo is back on top as the most
expensive city in the world, according to new data from the
Economist Intelligence Unit.
In the company's new worldwide cost
of living survey, the Japanese city has outpaced last year's winner Zurich
for the undesirable ranking as the world's priciest city. This is nothing new
for Tokyo, which has only dropped below the number one spot a handful of times
in the last 20 years.
Zurich sank from number one to
number seven on the list, declining a whopping 39 percentage points from last
year due to a weakening Swiss Franc. Geneva also didn't fare well, seeing a
steep decline from a number three ranking in 2012 to barely making the list at
number 10 this year.
The survey calculates cost of living
based on prices for products and services, including food, clothing, rent, and
transportation. Each cost of living index is set in relation to New York's,
which is fixed at a base of 100.
For
comparison's sake, New York City was #27 on the list
Last year, New York City ranked #47.
The current cost of living index is 100.
Loaf of white bread:
- Today: $7.41
- 5 years ago: $6.60
Bottle of table wine:
- Today: $11.10
- 5 years ago: $10.02
1 liter unleaded petrol:
- Today: $1.16
- 5 years ago: $0.79
Source: Economist Intelligence Unit
#10
Geneva
Last year, Geneva ranked #3. The
current cost of living index is 124.
Loaf of white bread:
- Today: $5.63
- 5 years ago: $4.87
Bottle of table wine:
- Today: $8.19
- 5 years ago: $7.62
1 liter unleaded petrol:
- Today: $2.04
- 5 years ago: $1.47
Source: Economist Intelligence Unit
#9
Caracas
Caracas ranked #34 last year. The
current cost of living index is 126.
Loaf of white bread:
- Today: $9.40
- 5 years ago: $2.25
Bottle of table wine:
- Today: $18.14
- 5 years ago: $4.32
1 liter unleaded petrol:
- Today: $0.02
- 5 years ago: $0.02
Source: Economist Intelligence Unit
#8
Paris
Paris ranked #6 last year. The
current cost of living index is 128.
Loaf of white bread:
- Today: $8.95
- 5 years ago: $10.10
Bottle of table wine:
- Today: $9.45
- 5 years ago: $7.83
1 liter unleaded petrol:
- Today: $2.38
- 5 years ago: $2.35
Source: Economist Intelligence Unit
#7
Zurich
Zurich ranked #1 last year. The
current cost of living index is 131.
Loaf of white bread:
- Today: $6.08
- 5 years ago: $5.52
Bottle of table wine:
- Today: $16.74
- 5 years ago: $11.34
1 liter unleaded petrol:
- Today: $2.01
- 5 years ago: $1.47
Source: Economist Intelligence Unit
#6
Singapore
Singapore ranked #9 last year. The
current cost of living index is 135.
Loaf of white bread:
- Today: $3.25
- 5 years ago: $2.67
Bottle of table wine:
- Today: $25.65
- 5 years ago: $20.77
1 liter unleaded petrol:
- Today: $1.74
- 5 years ago: $1.24
Source: Economist Intelligence Unit
#4
(tie) Melbourne
Melbourne ranked #8 last year. The
current cost of living index is 136.
Loaf of white bread:
- Today: $4.87
- 5 years ago: $3.18
Bottle of table wine:
- Today: $25.03
- 5 years ago: $15.39
1 liter unleaded petrol:
- Today: $1.49
- 5 years ago: $1.02
Source: Economist Intelligence Unit
#4
(tie) Oslo
Oslo ranked #5 last year. The
current cost of living index is 136.
Loaf of white bread:
- Today: $6.31
- 5 years ago: $4.25
Bottle of table wine:
- Today: $17.58
- 5 years ago: $16.28
1 liter unleaded petrol:
- Today: $2.61
- 5 years ago: $2.00
Source: Economist Intelligence Unit
#3
Sydney
Sydney ranked #7 last year. The
current cost of living index is 137.
Loaf of white bread:
- Today: $5.03
- 5 years ago: $3.33
Bottle of table wine:
- Today: $25.38
- 5 years ago: $17.87
1 liter unleaded petrol:
- Today: $1.50
- 5 years ago: $1.04
Source: Economist Intelligence Unit
#2
Osaka
Osaka ranked #4 last year. The
current cost of living index is 146.
Loaf of white bread:
- Today: $7.94
- 5 years ago: $4.54
Bottle of table wine:
- Today: $17.55
- 5 years ago: $9.09
1 liter unleaded petrol:
- Today: $1.96
- 5 years ago: $1.27
Source: Economist Intelligence Unit
#1
Tokyo
Tokyo ranked #2 last year. The
current cost of living index is 152.
Loaf of white bread:
- Today: $9.06
- 5 years ago: $6.44
Bottle of table wine:
- Today: $15.95
- 5 years ago: $11.78
1 liter unleaded petrol:
- Today: $1.97
- 5 years ago: $1.31
Source: Economist Intelligence Unit
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