Recently, the Global Liveability Index 2023 was published, which measures the cost of living of all the cities in the world and organizes them according to their cost of living index.
In this ‘ranking’, the study was based on the New York City cost of livingwhich appears in the list with a reference index of 100%.
(These are the Colombian cities with the lowest cost of living).
This means that the cities were organized taking as reference the cost of living index of the ‘Big Apple’, so there were several cities that exceeded that limit.
(Digital nomads: why this life is not as easy as it seems).
“This index indicates the relative prices of consumer goods such as groceries, restaurants, transportation, and utilities. Excludes accommodation expenses such as rent or mortgage. For example, a city with a Cost of Living Index of 120 is estimated to be 20% more expensive than New York (excluding rent).“, the report explains.
(Negative perception of President Petro’s management reached 61%).
However, other factors such as rent rates, groceries, restaurants, cost of living plus rent, and local purchasing power.
The most expensive cities to live in the world
1. Hamilton (Bermuda): 140.4%.
2. Basel (Switzerland): 130%.
3. Zurich (Switzerland): 128%.
4. Lausanne (Switzerland): 120.6%.
5. Georgetown (Cayman Islands): 118.5%.
6.Zug (Switzerland): 119.1%.
7. Geneva (Switzerland): 118.5%.
8. Bern (Switzerland): 112.9%.
9. Nassau (Bahamas): 103.3%.
10. New York (United States): 100%.
11. Honolulu (United States): 98.4%.
12. San Francisco (United States): 98.4%.
13. Oakland (United States): 98.1%.
14. SSeattle (United States): 94.6%.
15. Reykjavik (Iceland): 90.8%.
16. Canberra (Australia): 89.2%.
17. Adelaide (Australia): 89%.
18. B.arbados (Barbados): 88.9%.
19. Boston (United States): 88.7%.
20. Trondheim (Norway): 88.1%.
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