13 July 2011

Toronto and Vancouver are followed by Montreal, Calgary and Ottawa.
The survey shows 214 different cities all around the world, paying attention to housing, transport, food and entertainment (about 200 items, in general). It’s interesting that the report also looks at how the price changes, currency and inflation rate affect food and gas prices.
Top five internationally most expensive cities are: Luanda (Angola), Tokyo (Japan), N’Djamena (Chad), Moscow (Russia) and Geneva (Switzerland). In the same time, the least expensive city for the second time remains Karachi (Pakistan).
Such surveys tend to help multi-national corporations assess the costs of living for their out of country employees.