Aberdeen joins expensive city living list
Aberdeen is one of 4 UK cities that has moved up the worldwide cost of living ranks as the pound rallies against the dollar. Joining London, Birmingham and Belfast, Aberdeen has moved up 12 places to 134th place. London moved back into the top 20, rising 10 places to 19th. Birmingham moved up 19 spots to 128th, and Belfast jumped eighteen spots to 152th.
The Mercer cost of living survey ranks 209 cities worldwide by using comparisons of the cost of living based on a basket of 200 goods and services including coffee, bread, milk, cinema and rent. Heading up the list is Hong Kong which is the world’s most expensive city for expatriates followed by Tokyo, Zurich, Singapore and Seoul.
German cities experienced some of the biggest moves in the ranking, due to rising rents and the strengthening of the euro against the dollar. Frankfurt (68th) and Berlin (71th) both jumped 49 spots while Munich (57th) climbed 41 places.
Mercer’s 2018 cost of living ranking shows that a cup of coffee, including service, costs £5.54 in Hong Kong, £4.52 in Zurich, £2.80 in London, £2.52 in Tokyo and £1.75 in New York.
A pair of blue jeans costs, on average, £104.34 in Buenos Aires, £102.76 in Johannesburg, £107.09 in Dubai and £85 in London, but only £41.48 in New York.
A cinema ticket for an international movie is more expensive in London than any other city, costing £16.79. This compared with £11.92 in Tokyo, £12.39 in Sydney, £12.15 in New York, £10.52 in Hong Kong and £14.55 in Zurich.
In the survey New York was used as the base city for all comparisons, and currency movements were measured against the US dollar.