The World's Priciest Cities

Oslo and London lead the pack, while cities in emerging economies in Asia remain some of the best bargains.

The latest cost of living survey by Swiss bank UBS has European cities as the most expensive places to live, while residents of North American cities are the highest paid.

After Oslo and London, "Copenhagen, Zurich and Tokyo round out the top five, with New York in seventh place globally. But London and New York are the most expensive cities when housing costs are included, said the 52-page report."

"It's no wonder that their residents often tolerate extreme commutes in order to find affordable housing," the report said.

"Kuala Lumpur was the cheapest city, followed by Mumbai, Buenos Aires and Delhi. Delhi was also among the bottom five cities in both the wages and purchasing power rankings."

Full Story: Oslo, London world's most expensive cities: report

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $16.95 a month
Red necktie with map of Boston

Tie one on to celebrate your city

Choose from over 20 styles of neckties imprinted with detailed city or transit maps.
$44.95