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Economist Worldwide Cost of Living June 2011 Summary

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Economist Intelligence Unit – Worldwide Cost of Living 2011 Which city is the most expensive to live in? Which city is the cheapest?

  • “Tokyo holds the dubious honour of once again being the world’s most expensive city. Until 2006, Tokyo had been at the top of the global cost-of-living ranking for 14 uninterrupted years before low inflation, weak consumer confidence and a declining Japanese yen reduced the cost of living. Between 2006 and 2009 Oslo and then Paris were the costliest cities in the survey, with Tokyo pushed down to fifth place in the ranking.”
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