The 2008/2009 Global cost of living by country


Posted by Craig Grobler on Google+ On Saturday, June 28, 2008

Every year Mercer releases Worldwide Ranking country ranking based on the cost of living. The 2008 top 50 countries are listed below with a comparison to their 2007 ranking.

From www.finfacts.com:
Mercer Cost of Living Survey – Worldwide Rankings, 2008
The indices are based on Mercer's cost of living database and are modified to include rental accommodation costs and to reflect constant weighting and basket items. We do not recommend that expatriates use the figures represented here to compare their own compensation packages.

Rankings

City

Country

COL Index

March 2008

March 2007

March 2008

March 2007

1

1

Moscow

Russia

142.4

134.4

2

4

Tokyo

Japan

127.0

122.1

3

2

London

UK

125.0

126.3

4

10

Oslo

Norway

118.3

105.8

5

3

Seoul

South Korea

117.7

122.4

6

5

Hong Kong

China

117.6

119.4

7

6

Copenhagen

Denmark

117.2

110.2

8

7

Geneva

Switzerland

115.8

109.8

9

9

Zurich

Switzerland

112.7

107.6

10

11

Milan

Italy

111.3

104.4

11

8

Osaka

Japan

110.0

108.4

12

13

Paris

France

109.4

101.4

13

14

Singapore

Singapore

109.1

100.4

14

17

Tel Aviv

Israel

105.0

97.7

15

21

Sydney

Australia

104.1

94.9

16

16

Dublin

Ireland

103.9

99.6

16

18

Rome

Italy

103.9

97.6

18

12

St. Petersburg

Russia

103.1

103.0

19

19

Vienna

Austria

102.3

96.9

20

20

Beijing

China

101.9

95.9

21

22

Helsinki

Finland

101.1

93.3

22

15

New York City

US

100.0

100.0

23

38

Istanbul

Turkey

99.4

87.7

24

26

Shanghai

China

98.3

92.1

25

25

Amsterdam

Netherlands

97.0

92.2

25

29

Athens

Greece

97.0

90.6

25

62

São Paulo

Brazil

97.0

82.8

28

26

Madrid

Spain

96.7

92.1

29

49

Prague

Czech Rep.

96.0

85.6

30

37

Lagos

Nigeria

95.9

88.0

31

31

Barcelona

Spain

95.2

89.2

31

64

Rio de Janeiro

Brazil

95.2

82.5

31

23

Stockholm

Sweden

95.2

93.1

34

24

Douala

Cameroon

95.1

92.9

35

67

Warsaw

Poland

95.0

82.4

36

64

Melbourne

Australia

94.2

82.5

37

39

Munich

Germany

93.1

87.6

38

45

Berlin

Germany

93.0

85.9

39

44

Brussels

Belgium

92.9

86.5

40

40

Frankfurt

Germany

92.5

87.4

41

33

Dakar

Senegal

92.2

89.0

42

28

Kiev

Ukraine

91.7

91.4

43

43

Luxembourg

Luxembourg

91.3

87.0

44

30

Almaty

Kazakhstan

90.7

89.6

45

31

Bratislava

Slovakia

90.6

89.2

46

45

Düsseldorf

Germany

90.4

85.9

46

72

Riga

Latvia

90.4

81.5

48

52

Mumbai

India

90.3

84.9

49

59

Zagreb

Croatia

90.0

83.5

50

57

Hamburg

Germany

89.9

84.2

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