June 26, 2006

List of World's most expensive cities must be wrong

1. Moscow
2. Seoul
3. Tokyo
4. Hong Kong
5. London
6. Osaka
7. Geneva
8. Copenhagen
9. Zurich
10. Oslo, New York (tied)

Now I've been to three of those cities: I live in Seoul, I've visited Osaka, and I was raised and went to college in the suburbs of New York City. Seoul is by far the cheapest of the 3, so how is it ranked the second most expensive city in the world?

Here in Seoul you can get an apartment for 500-1,000/month easily. You can go out for dinner and spend less that 5.00 easily. I went out for a few meals in Osaka and none came close to 5.00. In New York 5.00 will get you a pastry from Ferrarra's, but not a meal in a restaurant.

I don't know what system they are using, but however they measure the cost of living in these cities has given them laughable results.

Posted by James Trotta at June 26, 2006 2:33 PM
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