If we did not see it for ourselves at the “Top 10 Most Expensive Cities to Live in the World” infographic about the most expensive cities, then we would not believe that these cities are all in Europe, East Asia (Japan, but also including Hong Kong) and Central Africa. We have read and heard numerous stories of the expense of New York City, Hillsborough (in California), Mumbai, Delhi, Dubai and a few other places. However, the Americas, the Middle East, South Asia and Australia were not represented.
We wonder about the methodology. We suspect that the criteria were for the residents of those cities, rather than by using the numbers across the board. For example, if you earn $10 per hour in one place and you buy a $5 coffee then that is half of your hourly salary. If you earn $5 per hour in another place and buy a $4 coffee then the coffee is far more expensive to you even though the relative cost is lower.
Regardless, this infographic is somewhat consistent. Moscow, Tokyo and Hong Kong are on most lists of expensive cities. However, we are still surprised about the African cities, of which we have never heard.
We are sure that everything is detailed in the “cost of living” section. However, there is so much information there that it will take unnecessary time to digest it all.
Likes: As with many other infographics, there is a wealth of information in a short, concise format.
Dislikes: The “comparison chart” may have been unnecessary, and certainly subject to fluctuations.
Courtesy: homeloanfinder.com.au