News: 2006 UBS Study "Prices and Earnings"
Published: 2006-08-10 10:11:52 . Categories: Articles/News Economy/Business Norway
Oslo, London, Copenhagen, Zurich and Tokyo are the world’s most expensive cities in relation to a standardized basket of 122 goods and services. The UBS study "Prices and Earnings" shows that life is particularly expensive in London and New York if the cost of housing is included. The basket of goods and services costs the least in Kuala Lumpur, Mumbai, Delhi and Buenos Aires.
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The highest wages are paid in Copenhagen, Oslo, Zurich, Geneva, New York and London. In a comparison of net wages, the Scandinavian and German cities lose ground due to their high tax rates and social security payments
Read the full story at www.ubs.com
In a related story from earlier this year "Oslo beats out Tokyo as priciest city" , "For the first time in nearly a generation, Tokyo no longer ranks as the world's most expensive city" ( money.cnn.com )
...
The highest wages are paid in Copenhagen, Oslo, Zurich, Geneva, New York and London. In a comparison of net wages, the Scandinavian and German cities lose ground due to their high tax rates and social security payments
Read the full story at www.ubs.com
In a related story from earlier this year "Oslo beats out Tokyo as priciest city" , "For the first time in nearly a generation, Tokyo no longer ranks as the world's most expensive city" ( money.cnn.com )
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