International Cost of Living Rankings July 2009

The most expensive global location to live in, as at Julystudy fees are most expensive in Caracas followed
2009, is still Tokyo Japan, however there have beenby Luanda in Angola, Brasilia in Brazil, Hamilton in
some significant changes in the last year mainly due toBermuda and Lagos in Nigeria. The least expensive
large differences in exchange rates, and moreplace for education is Paramaribo in Suriname.
recently, a real drop in prices along with the majority ofTop 5 Furniture & Appliances
global locations enjoying their lowest inflation rates inCosts for furniture, household equipment and
recent times.household appliances such as DVD player, fridge
Tokyo's cost of living index only increased by 1.4%freezer, iron, kettle, toaster, microwave, light bulbs,
from July 2008 to July 2009, but is 16 index points cleartelevision, vacuum cleaner, and washing machine are
of 2nd placed Hong Kong (11th in July 2008). Last yearmost expensive in Douala, followed by Bamako in Mali,
Oslo, Norway, was the 2nd most expensive globalBangui, Lagos, and Freetown in Sierra Leone. The least
location to live, however Oslo's cost of living relative toexpensive place for furniture & appliances is
the rest of the world has decreased by 27 indexHarare.
points over the past year.Top 5 Groceries
The cost of living indexes are based on pricing theCosts for food, non-alcoholic beverages and cleaning
same basket of goods in local currency andmaterial items such as baby consumables, baked
comparing them in US Dollars using exchange ratesgoods, baking, canned foods, cheese, cleaning
with New York as the base (New York = 100). In mostproducts, dairy, fresh fruits, fresh vegetables, fruit
cases the major factor driving the changes has beenjuices, meat, oil & vinegars, pet food, pre-prepared
the weakening of other currencies against the USmeals, sauces, seafood, snacks, soft drinks, spices
Dollar. This is the main factor behind Oslo's drop from& herbs are most expensive in Tokyo followed
2nd to 13th most expensive global location to live. Theby Bangui, Honiara, Copenhagen in Denmark, and
Norwegian Kroner has decreased 19% against the USLagos. The least expensive place for groceries is
Dollar over the past year. In contrast the Japaneseagain Harare.
Yen has increased 12.7% against the US Dollar overTop 5 Healthcare
the past year.Costs for general healthcare, medical and medical
The 5 Most Expensive Global Locations Overallinsurance such as general practitioner consultation
Joining Tokyo and Hong Kong in the top 5 mostrates, hospital private ward daily rate, non-prescription
expensive global locations are Caracas in Venezuelamedicine, and private medical insurance / medical aid
(up 62 places in the rankings) to 3rd most expensive,contributions are most expensive in Tokyo followed by
followed by Bangui in the Central African Republic, andHong Kong, Caracas, Luanda and Hamilton in Bermuda.
in 5th place is Geneva in Switzerland, down 2 placesThe least expensive place for healthcare is Tianjin.
from July 2008.Top 5 Household
The 5 Biggest jumpsCosts for housing, water, electricity, household gas,
The largest increase in relative cost of living is Hararehousehold fuels, local rates and residential taxes such
in Zimbabwe, albeit off a very low base. Harare hasas house / flat mortgage, house / flat rental, household
been ranked the least expensive global location forelectricity consumption, household gas / fuel
several years, mainly due to hyperinflation and aconsumption, household water consumption, and local
constantly weakening currency. This year Zimbabwe'sproperty rates / taxes / levies are most expensive in
cost of living index has jumped 118% and is nowHong Kong followed by Tokyo, Taipei in Taiwan, Dubai,
ranked 275th most expensive out of 276 globaland Luanda. The least expensive place for household
locations. Other large increases in relative cost of livingcosts is Asmara in Eritrea.
in the past year are Honiara in the Solomon Islands upTop 5 Personal Care
37% compared to July 2008, Caracas up 22%, Kigali inCosts for personal care products and services such
Rwanda up 19% while the 5th largest jump belongs toas cosmetics, hair care, moisturizer / sun block,
Manama in Bahrain, up 17%.nappies, pain relief tablets, toilet paper, toothpaste, and
The 5 Least Expensive Global Locations Overallsoap / shampoo / conditioner are most expensive in
The least expensive global location to live in this year isBanjul in Gambia followed by, Algiers in Algeria, South
Tianjin in China with a cost of living index of just 30Tarawa in Kiribati, Moroni in the Comores, and
compared to New York's index of 100. Harare inBratislava in Slovakia. The least expensive place for
Zimbabwe, last years least expensive global location ispersonal care is Ulaanbaatar in Mongolia.
now 2nd least expensive, followed by Durban in SouthTop 5 Recreation & Culture
Africa. Phnom Penh in Cambodia is ranked 4th leastCosts such as books, camera film, cinema ticket, DVD
expensive followed by Mbabane in Swaziland.and CD's, sports goods, sports clubs and theatre
The 5 Biggest dropstickets are most expensive in Maputo in Mozambique
The largest decrease in relative cost of living isfollowed by Bangui, Doha, N'Djamena in Chad, and
Nuku'Alofa in Tonga with a decrease of 45%, followedCotonou in Benin. The least expensive place for
by Brazzaville in the Congo with a decrease of 31%.recreation & culture is Harare.
The Congolese Franc has lost 44% against the USTop 5 Restaurants, Meals Out and Hotel
Dollar compared to July 2008. Mbabane in SwazilandCosts such as business dinner, dinner at a restaurant
had a decrease in relative cost of living of 30%, while(non fast food), hotel rates, take away drinks and
Budapest in Hungary decreased 28%. The 5th largestsnacks (fast Food) are most expensive in Dubai
decrease between July 2008 and July 2009 wasfollowed by Doha, Athens in Greece, Brussels in
Guangzhou in China with a decrease of 27% despiteBelgium and Ljubljana in Slovenia. The least expensive
the Yuan strengthening slightly against the US Dollar byplace for restaurants, meals out and hotel is Tianjin.
1%.Top 5 Transport
The Details: What Costs the Most Where?Costs for public transport, vehicle costs, vehicle fuel,
Top 5 Alcohol & Tobaccovehicle insurance and vehicle maintenance such as hire
Alcoholic beverages such as beer, locally producedpurchase / lease of vehicle, petrol / diesel, public
spirit, whiskey, and wine as well as tobacco productstransport service maintenance, tires, vehicle Insurance,
such as cigarettes are most expensive in Doha inand vehicle purchase are most expensive in Tbilisi in
Qatar, followed by Oslo, Manama, Moroni in Comoresthe Republic of Georgia, followed by Honiara, Dili in
and South Tarawa in Kiribati. The least expensiveTimor-Leste, Douala, and Oslo. The least expensive
place for alcohol & tobacco is Kuwait.place for transport is Tianjin.
Top 5 ClothingThe Top 5 Best Place to Live
Clothing and footwear products such as business suits,So if you were to relocate anywhere in the world right
casual clothing, children's clothing and footwear, coatsnow, where would you experience the lowest cost of
and hats, evening wear, shoe repairs, and underwearliving with the least amount of hardship? Hardship is
are most expensive also in Doha, followed by Zagrebused as the measure of discomfort a person and their
in Croatia, Dubai, Beijing and Manama. The leastfamily are likely to experience. Each global location is
expensive place for clothing is Dhaka in Bangladesh.ranked between 1 which is minimal hardship and 4
Top 5 Communicationwhich is extreme hardship. Assuming therefore that
Communication costs such as home telephone rentalyou would want to live in a minimal hardship location,
and call charges, internet connection and servicethe location with the lowest cost of living index is
provider fees, mobile / cellular phone contract and callsAdelaide in Australia. Adelaide is a minimal hardship
are most expensive in Bissau in Guinea-Bissau,location and has a cost of living index of 60 compared
followed by Noumea in New Caledonia, Riga in Latvia,to New York's index of 100. The next 6 best places to
Ouagadougou in Burkina Faso, and Douala inlive on this basis are all in the USA. Memphis
Cameroon. The least expensive place forTennessee is 2nd followed by El Paso Texas 3rd, St
communication is Conakry in Guinea.Louis Missouri 4th, and in 5th is Indianapolis Indiana. The
Top 5 Educationnext best non-USA location is Auckland in New
Costs such as crèche / pre-school fees, highZealand in 8th place.
school / college fees, primary school fees, and tertiary