Tag: cost of living

Ranking cities by cost of living and quality of life

Every year, Mercer looks at the cost of living in a number of cities around the world. The report has just come out for 2008 and might put Vancouver into context for people. We sometimes forget that Vancouver, on the international scale, is pretty affordable.

Here are some of the findings:

Top most expensive cities in the Americas. Their rankings are in brackets.

  • New York City, US (22nd)
  • São Paulo, Brazil (25th)
  • Rio de Janeiro, Brazil (31st)
  • Toronto, Canada (54th)
  • Los Angeles, US (55th)
  • Vancouver, Canada (64th)

It is probably not a surprise to find that European cities feature prominently in the top 10 list of the most expensive cities in the world:

  • Moscow, Russia (1st)
  • Tokyo, Japan (2nd)
  • London, UK (3rd)
  • Oslo, Norway (4th)
  • Seoul, South Korea (5th)
  • Hong Kong, China (6th)
  • Copenhagen, Denmark (7th)
  • Geneva, Switzerland (8th)
  • Zurich, Switzerland (9th)
  • Milan, Italy (10th)

This reinforces to me that Vancouver and BC’s other major cities are under-valued. We can be thankful of that even as we see our cost of living rising.

QUALITY OF LIFE

It is worth noting that Mercer also has a quality of life survey and the results from that give Vancouver yet more kudos.

The top 5 cities for quality of living worldwide according to Mercer:

  • Zurich, Switzerland (1st)
  • Vienna, Austria (tied for 2nd)
  • Geneva, Switzerland (tied for 2nd )
  • Vancouver, Canada (4th)
  • Auckland, New Zealand (5th)

And while we’re looking at this, why not see where Vancouver stacks up against other cities in North America in that same index.

  • Vancouver, Canada (4th)
  • Toronto, Canada (15th)
  • Ottawa, Canada (19th)
  • Montreal, Canada (22nd)
  • Calgary, Canada (25th)

Hope you find this interesting.

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