Wednesday, July 30, 2008
Purchasing Power
Well the rankings are out and it turns out that Paris isn't the most expensive place for expats to live. Not even close. Moscow comes out on top of Mercer's latest Worldwide Cost of Living survey and Paris, in 15th place, is lagging behind several other European cities including London, Copenhagen, Geneva, Zurich, and Milan. Kind of softens the blow of those 4.5 euro café crèmes. Thanks to the weakening dollar, New York is way down the list at number 22 and my adopted hometown, Washington, DC, is a veritable Filene's Basement at 107th. I'd go out and celebrate, only we're going to Denmark soon so I'd better save my nickels, oops I meant centimes, darn it, that's kroner.
Labels:
economics
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