Tuesday, February 8, 2011

Numbeo's 2011 Cost of Living Index Highlights

Based on 38 goods and services, Numbeo.com cost of living survey for 2011 were conducted by 6628 independent contributors. The most expensive cities (excluding rent) are Oslo and Stavanger in Norway, followed by Zurich and Geneva in Switzerland. The least expensive are Hyderabad, Bangalore and Chennai in India.

In Numbeo's survey, New York is used as the base city for the index and scores 100 points, all cities are compared against New York and currency movements are measured against US Dollar and EURO. Sydney (Australia) scores 113.14 points and is nearly three times as costly as La Paz (Bolivia) with an index score of 39.00.

In the beginning of 2011, most expensive cities (excluding rent) are :
- Oslo, Norway (CPI 149.26)
- Stavanger, Norway (145.65)
- Zurich, Switzerland (143.93)
- Geneva, Switzerland (143.71)
- Bergen, Norway (142.46)
- Basel, Switzerland (141.12)
- Lausanne, Switzerland (136.41)
- Lucerne, Switzerland (133.04)
- Perth, Australia (130.15)
- Copenhagen, Denmark (123.87)

The least expensive cities in 2011 are Indian cities : Coimbatore, Pune, Chennai, Mumbai and Hyderabad, followed by Islamabad and Karachi in Pakistan.

Rent is most expensive in New York , followed by San Francisco (USA), Abu Dhabi (United Arab Emirates) and Lucerne (Switzerland).

Cities with the lowest rent are Changchun (China) and Karachi (Pakistan).

On country level the most expensive countries in 2011 are Norway, Switzerland, Denmark, Belgium, Australia, Ireland and Netherlands.

The least expensive countries in 2011 are India, Pakistan, Bolivia, Vietnam, Philippines, Thailand, and Macedonia.

For complete rankings please visit http://www.numbeo.com/cost-of-living/rankings.jsp

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