The Seven Most Expensive Cities in 2010
Every year a US-based deem tank publishes the results of,a ogle on the worlds most expensive cities
The fact that London, Moscow, modern York and Paris are no longer in the top seven of this list has surprised some, with Japan, and Norway dominating this new list. This may be explained by the rising value of the yen, and kroner- but also in the case of Norway being one of the wealthiest, and least effected countries by the unusual recession.
Which cities are probably the seven most expensive cities to live in?
1. Tokyo, Japan
Japan's mega city has always been an expensive city to live in, but now with the 'average' rent for a city apartment up to 5,000 US$ a year, and the effect of 4US$ for a dozen eggs.
Tokyo may not the space to live in, unless you have a very high paying job or another income. gain in mind these figures tend to be focused around executive living costs rather than the average person in the street, but Tokyo has always been an expensive position to live in.
2. Oslo, Norway
A booming economy, mineral rich and a sparsely populated nation, Norway with a resurgent kroner is almost as pricey as Tokyo. If you obtain kroner, Oslo would be affordable, but comparable to the eurozone, unless you work in the oil industry or hold your beget property.
3. Luanda, Angola
Once the most expensive city in the world, Luanda beats the flawed urban fable that the poorer the country, the cheaper it becomes. In a city were landlords construct more money per month than their counterparts in novel York and London- most expats pay on average 3.500 US$ per month for a city apartment.
4. Nagoya, Japan
The once named "Detroit of the East," which many Japanese buy not to expend today. Nagoya is slightly cheaper than Tokyo but only slightly. Nagoya remains one of the World's most successful automobile economies, and this shows in the high living costs of this mild booming city.
5. Yokohama, Japan
Yokohama is Japans main port, only a few hours from Tokyo- a city which manufactures the hi-tech products for the world, which are not already produced in China. Yokohama could spin in the next decade, as the industries it is home to, relocate to mainland China.- but do not count on lower living costs unprejudiced yet.
6. Stavanger, Norway
Europe's petroleum capital, and gateway to the oil richest of the north sea, Stavanger, is a dinky city with a mountainous appetite for your cash. Food alone costs around 50% more than in a eurozone supermarket- whilst the kroner grows stronger in Europe's strongest economy.
7. Kobe, Japan
Food production, shipping and steel building are synonymous with Kobe, as well as an occasional earthquake. Do not demand to grow worn and wealthy in Kobe, unless you are a well-heeled expatriate, or savor a visit if you are on one of the ships that ply the Kobe route.
Living costs can often be misunderstood, as they may be based on differing factors. Exchange rates matter tiny if you pick up the local currency, whilst many expatriates are provided housing as allotment of their contract. Lower to mid-level expatriates live more on a 'local' level, so chances are life is restricted but serene affordable in most of these cities.
Japan does face a debt crisis, and the fresh high living costs are solely because of a rising yen, which should tumble as the fresh government initiate austerity measures. Any guesses for next years top 7 cities? inspect the value of the euro, kroner, US Dollar, yen and yuan closely in 2011.
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