Posts Tagged ‘cost of living’

Tokyo most expensive city for food

Tokyo is the world’s most expensive city for food, followed by Zurich and Geneva, according to a report released by the Swiss bank UBS covering 72 cities in 58 countries.

The food basket composed of 39 different representative products, used as the measurement unit, costs USD 928 in Tokyo, USD 715 in Geneva and USD 704 in Zurich, the bank’s annual Prices and Earnings report said yesterday.

The two cheapest cities of the world are Mumbai and Delhi, where the same baskets of foods cost USD 186 and USD 208 respectively.

The average global cost of the food basket is USD 424.

The report also showed that Tokyo is among the three most expensive cities in general, for goods and services, behind Oslo and Zurich, while Delhi and Mumbai are again the two cheapest. The Japanese capital is 8.

http://www.indianexpress.com/news/tokyo-worlds-costliest-city-for-food/1003027/

Tokyo back at most expensive city in the world

Tokyo has been crowned the most expensive city in the world. The survey was conducted by the consultancy firm Mercer, which analyses costs faced by visitors from the U.S.

Since the US dollar has weakened to the Japanese yen, this could at least partly explain the situation.

Fortunately for tourists visiting Tokyo, there are still some things which can be done for free.