Oslo - the world's most expensive city
Thursday 09 December 2010
Oslo has topped a list of the world's most expensive cities compiled by price comparison site PriceRunner.
The Norwegian capital was the most expensive city of 32 countries surveyed in PriceRunner's International Price Comparison survey, topping the list for the fourth year running.
The survey, which looked at a range of products that included everyday items such as milk and petrol as well as luxury items and technology, found that prices in the city were a third more expensive on average than the global average.
PriceRunner quoted prices that included €2.10 for a can of Coke, €1.82 for a liter of milk and €5.49 for a Big Mac.
The second most expensive city surveyed was Sao Paulo, with Sydney coming in third and Swedish capital Stockholm in fourth place.
The cheapest city was Mumbai, where prices were 27 percent lower than the global average, with Bangkok and (rather surprisingly) Dubai in second and third place respectively.
Broken down into product segments, the study determined that a basket of tech goodies including gifts such as the iPad, the HTC Desire and a Sony TV was cheaper in Paris than it was anywhere else.
If you're looking for mascara or a handbag, New York worked out as the cheapest city, while Mumbai was the cheapest for a pair of Adidas shoes and Dubai was the cheapest for a Swatch watch.
Ranking - City - Percentage above or below average
1 Oslo 35.3%
2 Sao Paulo 27.1%
3 Sydney 20.5%
4 Stockholm 15.5%
5 Reykjavik 14.9%
6 Helsinki 11.5%
7 Copenhagen 10.6%
8 Tokyo 9.8%
9 Paris 8.3%
10 Rome 4.4%
11 Dublin 2.0%
12 Cape Town 1.6%
13 Amsterdam 0.5%
14 Brussels -0.1%
15 Vienna -0.2%
16 Athens -0.4%
17 London -0.9%
18 Madrid -1.2%
19 Lisbon -1.2%
20 Buenos Aires -3.0%
21 Moscow -4.8%
22 Budapest -6.1%
23 Berlin -6.7%
24 Warsaw -7.8%
25 Prague -8.1%
26 Vilnius -13.3%
27 New York -14.5%
28 Shanghai -14.8%
29 San Francisco -16.2%
30 Dubai -16.2%
31 Bangkok -19.8%
32 Mumbai -26.9%
Data from PriceRunner - http://www.pricerunner.co.uk
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