The Israeli coastal metropolis Tel Aviv is one According to analysis by the British magazine “The Economist” now the most expensive city in the world. It thus solves the French metropolis Paris from that now together with Singapore took second place. Behind it follows according to the one from the analysis company Economist Intelligence Unit (EIU) recorded data from the Swiss financial center Zurich before Hong Kong and new York. Cities like that have dropped out of the top ten Sydney and Tokyo.
Berlin among the top 50 cities
Berlin Slipped eight places down to 50th place compared to the ranking a year ago, making it the cheapest of the six German cities included in the index. The most expensive is Frankfurt, which ranks 19th in an international comparison. The Syrian capital occupies last place in the study entitled “Worldwide Cost of Living (WCOL)” Damascus a.
Supply chain issues and the coronavirus measures that restricted production and trade have contributed to the index causing the cost of living to rise for many city dwellers. There have been strong increases in the cost of transport due to the sharp rise in oil prices. According to the index, German drivers have it especially in Hamburg difficult: The Hanseatic city ranks fifth among the cities with the highest gasoline prices of all recorded cities worldwide. In the leisure, tobacco and personal care categories, too, consumers around the world had to spend significantly more money.
All in all will be in the study the cost of living in 173 cities around the world is recorded and compared with one another. The focus is on the prices for 200 goods and services.