Currency
Kyiv has become one of the cheapest cities in the world: what place did it take in the ranking
The most expensive city to live in the world is Hamilton, the administrative center of Bermuda. Its permanent population is about 1,000 residents, all of whom are mostly rich. Kyiv ranked 300th out of 362 in the global ranking. In the European ranking, it is 158th out of 173. This makes it one of the cheapest cities in the ranking.
This is according to Numbeo, a database that allows users to share and compare information on the cost of living between countries and cities. The cost of living in a particular city is calculated based on prices for basic consumer goods and services:
- food;
- restaurants;
- transportation;
- utilities.
However, living expenses are not included in the calculation. In particular, this includes rent and mortgage.
In general, the cost of living is calculated based on the average cost of living for a family of four. Then the result is compared to New York City, where the base index for this city is taken as 100%.
Thus, an index of 130 means that living in the city is 30% more expensive than in New York. And 80 is 20% cheaper.
Which cities are the most expensive in the world
In addition to Bermuda's Hamilton, which has an index of 137, the top 10 most expensive cities in the world include "representatives" of only two countries – the United States and Switzerland. In particular:
- Zurich, Switzerland – 122.2;
- Basel, Switzerland – 121.8;
- Lausanne, Switzerland – 117.9;
- San Jose, USA – 114.8;
- Geneva, Switzerland – 109.6;
- San Francisco, USA – 109.3;
- Bern, Switzerland – 107.6;
- Washington, USA – 102.6;
- New York, USA – 100.
Which cities are the most expensive in Europe
The top 10 most expensive cities in Europe include cities from 4 countries: Switzerland, Norway, Iceland, and the United Kingdom.
The Swiss city of Zurich is at the top of the ranking with a rating of 122.2. It is followed by:
- Basel, Switzerland – 121.8;
- Lausanne, Switzerland – 117.9;
- Geneva, Switzerland – 109.6;
- Bern, Switzerland – 107.6;
- Reykjavik, Iceland – 89.4;
- Trondheim, Norway – 86.3;
- Bergen, Norway – 85.2;
- Stavanger, Norway – 82.8;
- London, UK – 81.9.
In Eastern Europe, the most expensive city is Bratislava, Slovakia, with a rating of 52.6. The top 10 also includes:
- Prague, Czech Republic – 52.5;
- Ostrava, Czech Republic – 48.5;
- Budapest, Hungary – 48;
- Pilsen, Czech Republic – 47.9;
- Kosice, Slovakia – 46.5;
- Warsaw, Poland – 46.2;
- Brno, Czech Republic – 45.2;
- Constanta, Romania – 45.1;
- Krakow, Poland – 45.
What places did Ukrainian cities take
The ranking, which consists of 362 positions, includes 5 Ukrainian cities. They are:
- Kyiv with an index of 32.3 was ranked 300th in the world, 158th in Europe, and 33rd in Eastern Europe;
- Odesa (index 29.5) – 324th in the world, 167th in Europe, 42nd in Eastern Europe;
- Kharkiv (29) – 327th in the world, 168th in Europe, 43rd in Eastern Europe;
- Dnipro (28.7) – 328th in the world, 169th in Europe, 44th in Eastern Europe;
- Lviv (28.4) – 331st in the world, 171st in Europe, 46th in Eastern Europe.
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