Inequality
Visualizing the Extreme Concentration of Global Wealth
In recent decades, extreme world poverty has declined significantly and many millions of people have joined the swelling ranks of the middle class – particularly in China.
While these economic shifts are positive, it’s the other end of the global wealth spectrum that attracts the most attention. A high degree of wealth creation is amassed by those at the top of the economic pyramid.
The Top-Heavy Wealth Spectrum
Today, slightly less than 1% of the world’s adult population occupies the $1M+ wealth range. Despite their small numbers, this elite group collectively controls 46% of the world’s wealth, valued at approximately $129 trillion.
On the flip side of the equation, 70% of world’s population fall into the sub-$10K wealth band. This majority of people around the world collectively control a mere 2.7% of the world’s wealth.
Even as “the rich get richer”, there is good news for the majority. The percentage of people in that lowest wealth band has been shrinking over the years.
Moneyed Metropolises
Not only is money concentrated among a small portion of the population, those people tend to gravitate towards global cities such as London, Hong Kong, and New York.
In fact, 70% of ultra high net worth individuals (UHNWIs) – persons with investable assets of $30 million or more – reside in just ten cities around the world.
According to Credit Suisse, emerging markets now account for 22% of growth in the UHNWIs category – up from just 6% growth in 2000 – with China alone adding over 16,000 UHNWIs to the mix. Many members of this elite class may generate their wealth in emerging economies around the world, but as we can see from the map above, the world’s richest people end up very concentrated, geographically speaking.
Global Wealth, by Continent
As the visualization below demonstrates, wealth accumulates in Europe and North America. This trend is so pronounced that it only becomes evident once the scale is adjusted to see the detail in the upper percentiles.
One thing is for certain – the world is changing quickly, and just as this graph would have looked very different 20 years ago, global wealth will almost certainly look different in 20 years time.
Misc
Comparing the Cost of Living Around the World
This graphic compares the cost of living and purchasing power of 578 cities worldwide, using New York City as a benchmark for comparison.

Comparing The Cost of Living Around the World
The amount of money that’s needed to pay for day-to-day expenses like housing and food varies greatly from city to city. And some cities, like New York City, are known as especially expensive places to live.
So how do everyday expenses in New York City truly compare in costs to places like Beirut, Lebanon, or Bangalore, India?
This graphic by Victor Dépré (hypntic.data) uses 2022 data from Numbeo to compare the cost of living and purchasing power in 578 different cities around the world, using New York City as a benchmark for comparison.
The Cost of Living Index
Though New York City is widely recognized as one of the most expensive cities in the world, according to Numbeo—the world’s largest database of user-contributed data on cities and countries—there are a number of cities that are actually more expensive than the Big Apple.
Here’s a look at the comparative cost of living in 578 cities. For context, if a city has a cost of living index of 121, that means day-to-day expenses in it are 21% higher than New York’s, on average:
City | Country | Cost of Living Index |
---|---|---|
Hamilton | Bermuda | 149.0 |
Zurich | Switzerland | 131.2 |
Basel | Switzerland | 130.9 |
Zug | Switzerland | 128.1 |
Lugano | Switzerland | 124.0 |
Lausanne | Switzerland | 122.0 |
Beirut | Lebanon | 120.5 |
Bern | Switzerland | 118.2 |
Geneva | Switzerland | 114.1 |
Stavanger | Norway | 104.6 |
Honolulu, HI | United States | 103.7 |
Oslo | Norway | 102.3 |
Bergen | Norway | 100.4 |
New York, NY | United States | 100.0 |
Trondheim | Norway | 99.4 |
Tromso | Norway | 99.0 |
Reykjavik | Iceland | 97.6 |
Saint Helier | Jersey | 96.5 |
Santa Barbara, CA | United States | 95.0 |
Tel Aviv-Yafo | Israel | 94.5 |
Berkeley, CA | United States | 94.4 |
San Francisco, CA | United States | 93.9 |
Oakland, CA | United States | 92.9 |
Anchorage, AK | United States | 91.2 |
Santa Clara, CA | United States | 89.4 |
Petah Tikva | Israel | 88.9 |
Beersheba | Israel | 88.8 |
Seattle, WA | United States | 88.5 |
Copenhagen | Denmark | 88.3 |
Arhus | Denmark | 88.2 |
Haifa | Israel | 87.4 |
Jerusalem | Israel | 86.3 |
Nassau | Bahamas | 86.0 |
London | United Kingdom | 85.6 |
Tokyo | Japan | 85.6 |
Boston, MA | United States | 85.5 |
Nice | France | 84.6 |
Paris | France | 84.4 |
Queens, NY | United States | 84.0 |
Singapore | Singapore | 84.0 |
Washington, DC | United States | 83.7 |
Sydney | Australia | 83.2 |
Luxembourg | Luxembourg | 83.0 |
Espoo | Finland | 82.5 |
Aalborg | Denmark | 82.4 |
Pittsburgh, PA | United States | 82.4 |
Darwin | Australia | 82.1 |
Amsterdam | Netherlands | 80.8 |
Jersey City, NJ | United States | 80.8 |
Hong Kong | Hong Kong | 80.7 |
Breda | Netherlands | 80.6 |
Nanaimo, BC | Canada | 80.3 |
Auckland | New Zealand | 80.2 |
Haarlem | Netherlands | 79.8 |
Utrecht | Netherlands | 79.8 |
Brighton | United Kingdom | 79.6 |
Brisbane | Australia | 79.4 |
Philadelphia, PA | United States | 79.2 |
Los Angeles, CA | United States | 79.2 |
Minneapolis, MN | United States | 79.1 |
Turku | Finland | 79.1 |
Dublin | Ireland | 79.1 |
Stockholm | Sweden | 78.9 |
Birmingham, AL | United States | 78.8 |
Seoul | South Korea | 78.7 |
Eindhoven | Netherlands | 78.2 |
Odense | Denmark | 78.2 |
Miami, FL | United States | 78.0 |
Groningen | Netherlands | 77.9 |
Sacramento, CA | United States | 77.9 |
Nijmegen | Netherlands | 77.8 |
Munich | Germany | 77.5 |
Galway | Ireland | 77.4 |
St. John's, Newfoundland and Labrador | Canada | 77.4 |
Innsbruck | Austria | 77.3 |
Perth | Australia | 77.3 |
Charleston, SC | United States | 77.3 |
Asheville, NC | United States | 77.3 |
Lyon | France | 77.2 |
Leiden | Netherlands | 77.2 |
Helsinki | Finland | 77.2 |
Chicago, IL | United States | 77.1 |
Fort Lauderdale, FL | United States | 76.9 |
Portland, OR | United States | 76.8 |
Melbourne | Australia | 76.8 |
Osaka | Japan | 76.7 |
Wellington | New Zealand | 76.7 |
Victoria | Canada | 76.7 |
Vancouver | Canada | 76.6 |
Atlanta, GA | United States | 76.6 |
Adelaide | Australia | 76.6 |
Lund | Sweden | 76.6 |
Toulouse | France | 76.6 |
Guelph | Canada | 76.4 |
Rotterdam | Netherlands | 76.2 |
Saint Paul, MN | United States | 76.2 |
Cork | Ireland | 76.2 |
Guildford | United Kingdom | 76.0 |
Plano, TX | United States | 75.9 |
Canberra | Australia | 75.9 |
Tampa, FL | United States | 75.8 |
Gold Coast | Australia | 75.8 |
Oxford | United Kingdom | 75.7 |
Nagoya | Japan | 75.6 |
Lincoln | United Kingdom | 75.6 |
York | United Kingdom | 75.5 |
San Diego, CA | United States | 75.5 |
Cleveland, OH | United States | 75.4 |
Omaha, NE | United States | 75.3 |
Leuven | Belgium | 75.3 |
Reading | United Kingdom | 75.3 |
Hamilton | New Zealand | 75.2 |
Denver, CO | United States | 75.2 |
Uppsala | Sweden | 75.1 |
Newcastle | Australia | 75.0 |
Halifax | Canada | 74.9 |
Milan | Italy | 74.8 |
Sliema | Malta | 74.8 |
Graz | Austria | 74.6 |
Brussels | Belgium | 74.4 |
Buffalo, NY | United States | 74.3 |
Toronto | Canada | 74.3 |
Colorado Springs, CO | United States | 74.3 |
Fremont, CA | United States | 74.1 |
Limerick | Ireland | 74.1 |
Salem, OR | United States | 74.0 |
The Hague (Den Haag) | Netherlands | 73.9 |
Hobart | Australia | 73.9 |
Christchurch | New Zealand | 73.9 |
Malmo | Sweden | 73.8 |
San Jose, CA | United States | 73.7 |
Nashville, TN | United States | 73.6 |
Enschede | Netherlands | 73.6 |
Olympia, WA | United States | 73.6 |
Maastricht | Netherlands | 73.6 |
Baltimore, MD | United States | 73.6 |
New Orleans, LA | United States | 73.6 |
Linz | Austria | 73.6 |
Calgary | Canada | 73.4 |
Edinburgh | United Kingdom | 73.2 |
Ottawa | Canada | 73.2 |
Milton Keynes | United Kingdom | 73.1 |
Manchester | United Kingdom | 73.1 |
Mississauga | Canada | 73.1 |
Cambridge | United Kingdom | 73.1 |
Gothenburg | Sweden | 73.0 |
Edmonton | Canada | 72.9 |
Parma | Italy | 72.8 |
Genoa | Italy | 72.8 |
Frankfurt | Germany | 72.8 |
Fort Collins, CO | United States | 72.8 |
Grenoble | France | 72.7 |
Bergamo | Italy | 72.6 |
Derby | United Kingdom | 72.6 |
Iowa City, IA | United States | 72.5 |
Delft | Netherlands | 72.5 |
Syracuse, NY | United States | 72.5 |
Everett, WA | United States | 72.4 |
Saskatoon | Canada | 72.3 |
Heidelberg | Germany | 72.1 |
Markham | Canada | 72.1 |
Hamburg | Germany | 72.0 |
Red Deer | Canada | 71.7 |
Surrey | Canada | 71.7 |
Trieste | Italy | 71.7 |
Rochester, NY | United States | 71.6 |
Milwaukee, WI | United States | 71.6 |
Albany, NY | United States | 71.5 |
Liverpool | United Kingdom | 71.4 |
Nottingham | United Kingdom | 71.3 |
Antwerp | Belgium | 71.3 |
Bristol | United Kingdom | 71.3 |
Tampere | Finland | 71.2 |
Portsmouth | United Kingdom | 71.2 |
Bonn | Germany | 71.1 |
Marseille | France | 71.1 |
Rome | Italy | 71.0 |
Tauranga | New Zealand | 70.9 |
Florence | Italy | 70.8 |
Plymouth | United Kingdom | 70.7 |
Detroit, MI | United States | 70.7 |
Reno, NV | United States | 70.7 |
Oulu | Finland | 70.6 |
Montreal | Canada | 70.6 |
Salzburg | Austria | 70.5 |
London | Canada | 70.5 |
Brampton | Canada | 70.4 |
Fort Worth, TX | United States | 70.4 |
Durham, NC | United States | 70.4 |
Winnipeg | Canada | 70.3 |
Ann Arbor, MI | United States | 70.3 |
Greensboro, NC | United States | 70.3 |
San Juan | Puerto Rico | 70.1 |
Charlotte, NC | United States | 70.1 |
Norwich | United Kingdom | 70.1 |
Gent | Belgium | 70.0 |
Exeter | United Kingdom | 69.9 |
Dortmund | Germany | 69.9 |
Long Beach, CA | United States | 69.9 |
Bologna | Italy | 69.8 |
North Vancouver | Canada | 69.8 |
Kelowna | Canada | 69.7 |
Columbus, OH | United States | 69.7 |
Brescia | Italy | 69.6 |
Eugene, OR | United States | 69.6 |
Macao | Macao | 69.6 |
Cologne | Germany | 69.6 |
Jacksonville, FL | United States | 69.5 |
Regina | Canada | 69.4 |
Phoenix, AZ | United States | 69.4 |
Des Moines, IA | United States | 69.3 |
Quebec City | Canada | 69.0 |
Fresno, CA | United States | 69.0 |
Berlin | Germany | 68.9 |
Cardiff | United Kingdom | 68.9 |
Windsor | Canada | 68.9 |
Glasgow | United Kingdom | 68.8 |
Kitchener | Canada | 68.7 |
Vancouver, WA | United States | 68.6 |
Kingston | Canada | 68.6 |
Augsburg | Germany | 68.5 |
Stuttgart | Germany | 68.4 |
Vienna | Austria | 68.4 |
Mannheim | Germany | 68.4 |
Las Vegas, NV | United States | 68.3 |
Boise, ID | United States | 68.3 |
Dusseldorf | Germany | 68.3 |
Raleigh, NC | United States | 68.2 |
Pisa | Italy | 68.2 |
Spokane, WA | United States | 68.1 |
Orlando, FL | United States | 68.1 |
Dayton, OH | United States | 68.0 |
Verona | Italy | 68.0 |
Dallas, TX | United States | 67.9 |
Richmond, VA | United States | 67.8 |
Louisville, KY | United States | 67.7 |
Southampton | United Kingdom | 67.6 |
Leeds | United Kingdom | 67.6 |
Treviso | Italy | 67.5 |
Madison, WI | United States | 67.3 |
Birmingham | United Kingdom | 67.3 |
Indianapolis, IN | United States | 67.1 |
Hanover | Germany | 67.0 |
Nuremberg | Germany | 67.0 |
Hamilton | Canada | 67.0 |
Coventry | United Kingdom | 66.9 |
Newcastle upon Tyne | United Kingdom | 66.9 |
Saint Louis, MO | United States | 66.8 |
Ulm | Germany | 66.7 |
Stoke-on-Trent | United Kingdom | 66.6 |
Austin, TX | United States | 66.5 |
Dundee | United Kingdom | 66.5 |
Saarbrucken | Germany | 66.3 |
Kansas City, MO | United States | 66.1 |
Cagliari | Italy | 66.1 |
Karlsruhe | Germany | 65.9 |
Sheffield | United Kingdom | 65.9 |
Taipei | Taiwan | 65.8 |
Belfast | United Kingdom | 65.7 |
Chattanooga, TN | United States | 65.7 |
Darmstadt | Germany | 65.5 |
Limassol | Cyprus | 65.3 |
Turin | Italy | 65.2 |
St.Catharines | Canada | 65.2 |
Best | Netherlands | 65.1 |
Toledo, OH | United States | 65.0 |
Salt Lake City, UT | United States | 65.0 |
Oklahoma City, OK | United States | 64.9 |
Padova | Italy | 64.9 |
Leicester | United Kingdom | 64.9 |
Freiburg im Breisgau | Germany | 64.7 |
Erlangen | Germany | 64.5 |
Nicosia | Cyprus | 64.5 |
Cincinnati, OH | United States | 64.4 |
Tucson, AZ | United States | 64.3 |
Dubai | United Arab Emirates | 64.3 |
Houston, TX | United States | 63.9 |
Bilbao | Spain | 63.8 |
Bournemouth | United Kingdom | 63.7 |
Mesa, AZ | United States | 63.7 |
Essen | Germany | 63.6 |
Albuquerque, NM | United States | 63.4 |
Aberdeen | United Kingdom | 63.4 |
Lexington, KY | United States | 62.9 |
Doha | Qatar | 62.9 |
Leipzig | Germany | 62.8 |
San Antonio, TX | United States | 62.6 |
Bari | Italy | 62.6 |
Dresden | Germany | 62.5 |
Tulsa, OK | United States | 62.4 |
Naples | Italy | 62.4 |
Memphis, TN | United States | 62.3 |
Bremen | Germany | 62.2 |
Akron, OH | United States | 62.2 |
Kingston upon Hull | United Kingdom | 62.1 |
Aachen | Germany | 61.8 |
Kaohsiung | Taiwan | 61.4 |
Regensburg | Germany | 61.4 |
Barcelona | Spain | 61.2 |
Little Rock, AR | United States | 59.3 |
Port of Spain | Trinidad And Tobago | 59.2 |
Madrid | Spain | 59.0 |
Palma de Mallorca | Spain | 59.0 |
Athens | Greece | 59.0 |
Wichita, KS | United States | 58.9 |
Patras | Greece | 58.7 |
Thessaloniki | Greece | 58.4 |
Palermo | Italy | 58.0 |
Abu Dhabi | United Arab Emirates | 57.9 |
Larnaca | Cyprus | 57.4 |
Catania | Italy | 57.4 |
Male | Maldives | 57.3 |
Ljubljana | Slovenia | 57.2 |
Heraklion | Greece | 57.1 |
El Paso, TX | United States | 55.9 |
Havana | Cuba | 55.9 |
Tallinn | Estonia | 55.8 |
Zaragoza (Saragossa) | Spain | 54.8 |
Panama City | Panama | 54.5 |
Manama | Bahrain | 54.3 |
Shanghai | China | 53.9 |
Riyadh | Saudi Arabia | 53.9 |
Tartu | Estonia | 53.8 |
Vigo | Spain | 53.4 |
Seville (Sevilla) | Spain | 53.3 |
Valencia | Spain | 53.0 |
Paphos | Cyprus | 52.9 |
Makati | Philippines | 52.7 |
Ajman | United Arab Emirates | 52.6 |
Jeddah (Jiddah) | Saudi Arabia | 52.6 |
Malaga | Spain | 52.5 |
Amman | Jordan | 52.2 |
Granada | Spain | 52.0 |
Montevideo | Uruguay | 52.0 |
Prague | Czech Republic | 51.8 |
Murcia | Spain | 51.7 |
Lisbon | Portugal | 51.7 |
Maribor | Slovenia | 51.6 |
Split | Croatia | 51.6 |
Kingston | Jamaica | 51.6 |
Riga | Latvia | 51.5 |
Alicante | Spain | 51.5 |
Muscat | Oman | 51.2 |
Shenzhen | China | 51.1 |
Santa Cruz de Tenerife | Spain | 50.9 |
Dakar | Senegal | 50.9 |
Cascais | Portugal | 50.9 |
Las Palmas de Gran Canaria | Spain | 50.5 |
Addis Ababa | Ethiopia | 50.5 |
Bangkok | Thailand | 50.4 |
Rijeka | Croatia | 50.1 |
Phnom Penh | Cambodia | 50.1 |
Zagreb | Croatia | 49.9 |
Beijing | China | 49.5 |
Bratislava | Slovakia | 49.4 |
Porto | Portugal | 49.4 |
Brno | Czech Republic | 49.3 |
Hangzhou | China | 49.2 |
Paramaribo | Suriname | 49.2 |
Funchal | Portugal | 49.2 |
Sharjah | United Arab Emirates | 49.0 |
Ad Dammam | Saudi Arabia | 48.5 |
Olomouc | Czech Republic | 48.2 |
Kosice | Slovakia | 48.2 |
Kuwait City | Kuwait | 48.0 |
San Jose | Costa Rica | 47.7 |
Coimbra | Portugal | 47.4 |
Abidjan | Ivory Coast | 47.1 |
Braga | Portugal | 47.0 |
Vilnius | Lithuania | 46.9 |
Ostrava | Czech Republic | 46.5 |
Aveiro | Portugal | 46.5 |
Budapest | Hungary | 46.1 |
Suzhou | China | 45.9 |
Harare | Zimbabwe | 45.7 |
Leiria | Portugal | 45.7 |
Santiago | Chile | 45.6 |
San Salvador | El Salvador | 45.3 |
Caracas | Venezuela | 45.3 |
Johannesburg | South Africa | 44.9 |
Kaunas | Lithuania | 44.7 |
Santo Domingo | Dominican Republic | 44.7 |
Guatemala City | Guatemala | 44.6 |
Phuket | Thailand | 44.3 |
Warsaw | Poland | 43.9 |
Chengdu | China | 43.8 |
Osijek | Croatia | 43.6 |
Quezon City | Philippines | 43.3 |
Gdynia | Poland | 42.9 |
Bali | Indonesia | 42.9 |
Pretoria | South Africa | 42.8 |
Gaborone | Botswana | 42.7 |
Nanjing | China | 42.3 |
Sofia | Bulgaria | 42.2 |
Chiang Mai | Thailand | 42.2 |
Moscow | Russia | 42.2 |
Pattaya | Thailand | 42.1 |
Gdansk | Poland | 41.3 |
Krakow (Cracow) | Poland | 41.3 |
Wroclaw | Poland | 41.1 |
Guangzhou | China | 41.1 |
Cape Town | South Africa | 41.0 |
Jakarta | Indonesia | 40.9 |
Pecs | Hungary | 40.8 |
Manila | Philippines | 40.8 |
Poznan | Poland | 40.7 |
Quito | Ecuador | 40.5 |
Durban | South Africa | 40.3 |
Katowice | Poland | 40.3 |
Cluj-Napoca | Romania | 40.2 |
Bucharest | Romania | 40.1 |
Szeged | Hungary | 40.1 |
Belgrade | Serbia | 40.1 |
Debrecen | Hungary | 40.0 |
Petaling Jaya | Malaysia | 40.0 |
Marrakech | Morocco | 39.9 |
Podgorica | Montenegro | 39.3 |
Szczecin | Poland | 39.3 |
Kota Kinabalu | Malaysia | 39.3 |
Kuala Lumpur | Malaysia | 39.3 |
Varna | Bulgaria | 39.1 |
Suva | Fiji | 39.0 |
Cebu | Philippines | 39.0 |
Ho Chi Minh City | Vietnam | 39.0 |
Cancun | Mexico | 38.9 |
Accra | Ghana | 38.7 |
Tirana | Albania | 38.7 |
Guayaquil | Ecuador | 38.6 |
Monterrey | Mexico | 38.5 |
Plovdiv | Bulgaria | 38.4 |
Sarajevo | Bosnia And Herzegovina | 38.4 |
Lublin | Poland | 38.0 |
Erbil (Irbil) | Iraq | 38.0 |
Santa Cruz | Bolivia | 38.0 |
Isfahan (Esfahan) | Iran | 38.0 |
Lodz | Poland | 37.9 |
Saint Petersburg | Russia | 37.8 |
Banja Luka | Bosnia And Herzegovina | 37.6 |
Penang | Malaysia | 37.6 |
La Paz | Bolivia | 37.5 |
Sao Paulo | Brazil | 37.5 |
Novi Sad | Serbia | 37.4 |
Mexico City | Mexico | 37.4 |
Lagos | Nigeria | 37.3 |
Constanta | Romania | 37.3 |
Iasi | Romania | 37.1 |
Hanoi | Vietnam | 36.9 |
Tangier | Morocco | 36.9 |
Brasilia | Brazil | 36.8 |
Burgas | Bulgaria | 36.8 |
Baguio | Philippines | 36.7 |
Rio de Janeiro | Brazil | 36.7 |
Brasov | Romania | 36.6 |
Casablanca | Morocco | 36.6 |
Damascus | Syria | 36.4 |
Sibiu | Romania | 36.2 |
Timisoara | Romania | 36.2 |
Kampala | Uganda | 36.0 |
Nairobi | Kenya | 35.9 |
Merida | Mexico | 35.7 |
Rabat | Morocco | 35.7 |
Qingdao, Shandong | China | 35.5 |
Queretaro | Mexico | 35.4 |
Bandung | Indonesia | 35.4 |
Oradea | Romania | 35.4 |
Buenos Aires | Argentina | 35.3 |
Dhaka | Bangladesh | 35.1 |
Skopje | North Macedonia | 34.9 |
Ulaanbaatar | Mongolia | 34.9 |
Craiova | Romania | 34.9 |
Agadir | Morocco | 34.8 |
Baghdad | Iraq | 34.8 |
Surabaya | Indonesia | 34.7 |
Lima | Peru | 34.6 |
Arad | Romania | 34.5 |
Florianopolis | Brazil | 34.4 |
Cuenca | Ecuador | 34.2 |
Kiev (Kyiv) | Ukraine | 34.1 |
Gurgaon | India | 34.1 |
Guadalajara | Mexico | 34.1 |
Kazan | Russia | 34.0 |
Yerevan | Armenia | 34.0 |
Dar es Salaam | Tanzania | 34.0 |
Nizhny Novgorod | Russia | 33.9 |
Colombo | Sri Lanka | 33.6 |
Lusaka | Zambia | 33.6 |
Nis | Serbia | 33.4 |
Yekaterinburg | Russia | 33.2 |
Minsk | Belarus | 32.8 |
Krasnodar | Russia | 32.7 |
Mashhad | Iran | 32.5 |
Belo Horizonte | Brazil | 32.5 |
Cairo | Egypt | 32.4 |
Porto Alegre | Brazil | 32.3 |
Kigali | Rwanda | 32.3 |
Novosibirsk | Russia | 32.3 |
Rostov-na-donu | Russia | 32.1 |
Odessa (Odesa) | Ukraine | 31.9 |
Chisinau | Moldova | 31.8 |
Curitiba | Brazil | 31.8 |
Baku | Azerbaijan | 31.6 |
Tehran | Iran | 31.5 |
Istanbul | Turkey | 31.1 |
Tbilisi | Georgia | 31.0 |
Yogyakarta | Indonesia | 30.8 |
Asuncion | Paraguay | 30.6 |
Kharkiv | Ukraine | 30.5 |
Astana (Nur-Sultan) | Kazakhstan | 30.3 |
Chandigarh | India | 30.3 |
Almaty | Kazakhstan | 30.2 |
Tunis | Tunisia | 29.9 |
Kathmandu | Nepal | 29.9 |
Algiers | Algeria | 29.8 |
Lviv | Ukraine | 29.7 |
Tashkent | Uzbekistan | 29.4 |
Mumbai | India | 29.3 |
Dnipro | Ukraine | 29.3 |
Noida | India | 29.2 |
Medellin | Colombia | 28.8 |
Alexandria | Egypt | 28.4 |
Barranquilla | Colombia | 28.4 |
Navi Mumbai | India | 28.4 |
Izmir | Turkey | 28.4 |
Delhi | India | 28.2 |
Bangalore | India | 28.2 |
Bogota | Colombia | 27.9 |
Goa | India | 27.7 |
Pune | India | 27.6 |
Ghaziabad | India | 27.6 |
Thane | India | 27.5 |
Ranchi | India | 27.3 |
Ankara | Turkey | 27.2 |
Hyderabad | India | 26.6 |
Faridabad | India | 26.6 |
Bishkek | Kyrgyzstan | 26.6 |
Pristina | Kosovo (Disputed Territory) | 26.2 |
Chennai | India | 26.1 |
Ahmedabad | India | 26.0 |
Kolkata | India | 26.0 |
Cali | Colombia | 25.8 |
Guwahati | India | 25.6 |
Lucknow (Lakhnau) | India | 25.4 |
Madurai | India | 25.4 |
Surat | India | 25.3 |
Vadodara | India | 25.3 |
Vijayawada | India | 25.0 |
Ludhiana | India | 24.9 |
Cyberjaya, Selangor | Malaysia | 24.9 |
Raipur | India | 24.8 |
Dehradun | India | 24.8 |
Nashik | India | 24.6 |
Indore | India | 24.5 |
Rajkot | India | 24.5 |
Nagpur | India | 24.4 |
Ernakulam | India | 24.0 |
Visakhapatnam | India | 24.0 |
Jaipur | India | 24.0 |
Patna | India | 24.0 |
Mangalore | India | 23.7 |
Bucaramanga | Colombia | 23.7 |
Coimbatore | India | 23.5 |
Bhopal | India | 23.4 |
Bhubaneswar | India | 23.3 |
Mysore | India | 23.2 |
Kochi | India | 22.9 |
Agra | India | 22.8 |
Jammu | India | 22.0 |
Thiruvananthapuram | India | 21.8 |
Kozhikode (Calicut) | India | 21.6 |
Lahore | Pakistan | 21.5 |
Islamabad | Pakistan | 21.5 |
Kabul | Afghanistan | 21.4 |
Thrissur | India | 21.3 |
Kanpur | India | 20.8 |
Karachi | Pakistan | 20.8 |
Rawalpindi | Pakistan | 20.5 |
Multan | Pakistan | 18.7 |
Peshawar | Pakistan | 18.6 |
Bermuda’s capital city Hamilton ranks first on the list, with a cost of living that’s nearly 50% higher than New York’s.
Why is Hamilton so expensive? One reason is that nearly everything needs to be imported onto the tiny British archipelago—things like gas, groceries, and clothes—so it’s likely that prices in the territory are steep as a result.
Second on the list is Zurich, Switzerland, where expenses are roughly 30% higher than New York City. Food and beverages are particularly expensive in the region—according to the dataset, groceries are 58% more expensive than groceries in NYC, and restaurant prices are 55% higher.
However, it’s worth noting that while Zurich ranks high on the cost of living index, the city’s purchasing power is also strong, which we will dive into in the next section.
The Local Purchasing Power Index
Purchasing power is a metric that’s used to gauge the number of goods and services someone on an average salary can buy in that specific city.
Taking a look again at Zurich, consumers in the city have about 30% more purchasing power than New York City residents on average, despite having higher costs.
City | Country | Local Purchasing Power Index |
---|---|---|
Houston, TX | United States | 173.0 |
Dallas, TX | United States | 170.7 |
Ann Arbor, MI | United States | 160.0 |
Austin, TX | United States | 158.2 |
Fremont, CA | United States | 157.4 |
San Jose, CA | United States | 157.4 |
Jersey City, NJ | United States | 155.9 |
Santa Clara, CA | United States | 155.4 |
Columbus, OH | United States | 151.3 |
Seattle, WA | United States | 145.4 |
Charlotte, NC | United States | 144.9 |
Jacksonville, FL | United States | 144.3 |
Raleigh, NC | United States | 144.1 |
Zug | Switzerland | 143.4 |
Salt Lake City, UT | United States | 140.6 |
San Antonio, TX | United States | 137.7 |
Colorado Springs, CO | United States | 137.6 |
Baltimore, MD | United States | 136.1 |
Phoenix, AZ | United States | 135.9 |
Chicago, IL | United States | 135.3 |
San Francisco, CA | United States | 133.2 |
Madison, WI | United States | 132.1 |
Tulsa, OK | United States | 132.1 |
Erlangen | Germany | 131.8 |
Little Rock, AR | United States | 131.1 |
Richmond, VA | United States | 130.9 |
Atlanta, GA | United States | 130.7 |
Denver, CO | United States | 130.0 |
Zurich | Switzerland | 129.8 |
Albany, NY | United States | 129.8 |
Cyberjaya, Selangor | Malaysia | 128.5 |
Oklahoma City, OK | United States | 128.0 |
San Diego, CA | United States | 127.9 |
Kansas City, MO | United States | 127.2 |
Lausanne | Switzerland | 127.0 |
Los Angeles, CA | United States | 126.1 |
Vancouver, WA | United States | 126.1 |
Cleveland, OH | United States | 125.3 |
Cincinnati, OH | United States | 125.2 |
Las Vegas, NV | United States | 124.8 |
Buffalo, NY | United States | 124.4 |
Red Deer | Canada | 123.9 |
Orlando, FL | United States | 123.3 |
Hamilton | New Zealand | 123.2 |
Saint Louis, MO | United States | 123.2 |
Albuquerque, NM | United States | 122.4 |
Washington, DC | United States | 121.8 |
Indianapolis, IN | United States | 121.5 |
Charleston, SC | United States | 121.3 |
Geneva | Switzerland | 120.6 |
Derby | United Kingdom | 119.8 |
Wichita, KS | United States | 119.2 |
Newcastle | Australia | 118.9 |
El Paso, TX | United States | 118.8 |
Anchorage, AK | United States | 118.6 |
Aachen | Germany | 116.5 |
Fresno, CA | United States | 116.4 |
Boston, MA | United States | 115.7 |
Nuremberg | Germany | 115.7 |
Philadelphia, PA | United States | 115.6 |
Pittsburgh, PA | United States | 115.5 |
Minneapolis, MN | United States | 114.7 |
Calgary | Canada | 114.2 |
Fort Worth, TX | United States | 112.6 |
Bern | Switzerland | 112.5 |
Spokane, WA | United States | 112.4 |
Lugano | Switzerland | 112.0 |
Oakland, CA | United States | 111.7 |
Basel | Switzerland | 111.5 |
Nashville, TN | United States | 111.5 |
Detroit, MI | United States | 110.1 |
North Vancouver | Canada | 110.1 |
Perth | Australia | 110.0 |
Long Beach, CA | United States | 110.0 |
Dusseldorf | Germany | 110.0 |
Memphis, TN | United States | 110.0 |
Louisville, KY | United States | 109.7 |
Edmonton | Canada | 109.5 |
Darwin | Australia | 109.4 |
Milwaukee, WI | United States | 109.2 |
Dresden | Germany | 109.1 |
Stuttgart | Germany | 109.0 |
Olympia, WA | United States | 108.8 |
Markham | Canada | 108.7 |
Coventry | United Kingdom | 108.7 |
Darmstadt | Germany | 108.5 |
Des Moines, IA | United States | 108.4 |
Portland, OR | United States | 108.1 |
Ulm | Germany | 107.4 |
Frankfurt | Germany | 106.9 |
Saint Paul, MN | United States | 106.6 |
Cardiff | United Kingdom | 106.2 |
Omaha, NE | United States | 106.0 |
Berlin | Germany | 105.9 |
Queens, NY | United States | 105.7 |
Dortmund | Germany | 105.6 |
Plano, TX | United States | 105.4 |
Canberra | Australia | 105.1 |
Lund | Sweden | 104.9 |
Durham, NC | United States | 104.8 |
Sydney | Australia | 104.5 |
Adelaide | Australia | 104.2 |
Oxford | United Kingdom | 104.0 |
Regina | Canada | 104.0 |
Brisbane | Australia | 103.8 |
Brampton | Canada | 103.5 |
Mesa, AZ | United States | 103.4 |
Regensburg | Germany | 103.3 |
Karlsruhe | Germany | 103.0 |
Akron, OH | United States | 102.9 |
Bangalore | India | 102.6 |
Lexington, KY | United States | 102.4 |
Melbourne | Australia | 102.2 |
Heidelberg | Germany | 102.2 |
Aberdeen | United Kingdom | 102.0 |
Everett, WA | United States | 101.8 |
Hobart | Australia | 101.6 |
Winnipeg | Canada | 101.6 |
Sacramento, CA | United States | 101.4 |
Fort Lauderdale, FL | United States | 101.3 |
Toronto | Canada | 101.3 |
Gold Coast | Australia | 101.2 |
Gothenburg | Sweden | 101.2 |
Hamburg | Germany | 101.1 |
Oulu | Finland | 101.1 |
Dubai | United Arab Emirates | 101.1 |
Aalborg | Denmark | 100.9 |
Reading | United Kingdom | 100.9 |
London | Canada | 100.4 |
Fort Collins, CO | United States | 100.3 |
Luxembourg | Luxembourg | 100.2 |
Rochester, NY | United States | 100.1 |
New York, NY | United States | 100.0 |
Mississauga | Canada | 99.7 |
Southampton | United Kingdom | 98.4 |
Tampa, FL | United States | 98.3 |
Surrey | Canada | 98.1 |
Stoke-on-Trent | United Kingdom | 97.9 |
Newcastle upon Tyne | United Kingdom | 97.7 |
Best | Netherlands | 97.2 |
Reno, NV | United States | 96.9 |
Turku | Finland | 96.8 |
Limerick | Ireland | 96.5 |
Glasgow | United Kingdom | 96.4 |
Bonn | Germany | 95.7 |
Hanover | Germany | 95.6 |
Arhus | Denmark | 95.5 |
Stockholm | Sweden | 95.4 |
Marseille | France | 95.3 |
Munich | Germany | 95.2 |
Mannheim | Germany | 95.1 |
Odense | Denmark | 94.8 |
Amsterdam | Netherlands | 94.5 |
Freiburg im Breisgau | Germany | 94.5 |
Ottawa | Canada | 94.3 |
Asheville, NC | United States | 94.2 |
Santa Barbara, CA | United States | 93.9 |
Exeter | United Kingdom | 93.9 |
Enschede | Netherlands | 93.8 |
Miami, FL | United States | 93.7 |
Ad Dammam | Saudi Arabia | 93.6 |
New Orleans, LA | United States | 92.9 |
Cambridge | United Kingdom | 92.9 |
Greensboro, NC | United States | 92.7 |
Riyadh | Saudi Arabia | 92.7 |
Leicester | United Kingdom | 92.6 |
Delft | Netherlands | 91.7 |
Chattanooga, TN | United States | 91.7 |
Nottingham | United Kingdom | 91.6 |
Belfast | United Kingdom | 91.6 |
Rotterdam | Netherlands | 91.4 |
Tampere | Finland | 91.4 |
Singapore | Singapore | 91.3 |
Manchester | United Kingdom | 91.3 |
Copenhagen | Denmark | 90.7 |
Toledo, OH | United States | 90.5 |
Espoo | Finland | 90.3 |
Antwerp | Belgium | 90.3 |
Christchurch | New Zealand | 90.2 |
Toulouse | France | 90.1 |
Liverpool | United Kingdom | 90.1 |
Montreal | Canada | 89.9 |
Doha | Qatar | 89.9 |
Tromso | Norway | 89.5 |
Honolulu, HI | United States | 89.2 |
Salem, OR | United States | 89.2 |
Victoria | Canada | 89.1 |
Cologne | Germany | 89.1 |
Sheffield | United Kingdom | 89.1 |
Lincoln | United Kingdom | 89.0 |
London | United Kingdom | 88.8 |
Tokyo | Japan | 88.6 |
The Hague (Den Haag) | Netherlands | 88.5 |
Leeds | United Kingdom | 88.5 |
Saskatoon | Canada | 88.2 |
Eugene, OR | United States | 88.2 |
Trondheim | Norway | 88.0 |
Edinburgh | United Kingdom | 88.0 |
Halifax | Canada | 87.9 |
Vancouver | Canada | 87.7 |
Pretoria | South Africa | 87.3 |
Quebec City | Canada | 87.2 |
Bergen | Norway | 87.0 |
Brussels | Belgium | 87.0 |
Eindhoven | Netherlands | 86.9 |
Kingston upon Hull | United Kingdom | 86.6 |
Nijmegen | Netherlands | 86.5 |
Maastricht | Netherlands | 86.5 |
Muscat | Oman | 86.5 |
Hamilton | Canada | 86.4 |
Stavanger | Norway | 85.9 |
Berkeley, CA | United States | 85.8 |
Wellington | New Zealand | 85.5 |
Saarbrucken | Germany | 85.4 |
Oslo | Norway | 85.2 |
Iowa City, IA | United States | 85.0 |
Portsmouth | United Kingdom | 85.0 |
Birmingham, AL | United States | 84.9 |
Malmo | Sweden | 84.9 |
Bristol | United Kingdom | 84.8 |
Cork | Ireland | 84.5 |
Tauranga | New Zealand | 84.4 |
Breda | Netherlands | 84.3 |
Plymouth | United Kingdom | 84.0 |
Uppsala | Sweden | 83.9 |
Tucson, AZ | United States | 83.7 |
Leuven | Belgium | 83.6 |
Helsinki | Finland | 83.5 |
Lyon | France | 82.7 |
Boise, ID | United States | 82.6 |
Dundee | United Kingdom | 82.4 |
Essen | Germany | 81.9 |
Dublin | Ireland | 81.8 |
Birmingham | United Kingdom | 81.8 |
Osaka | Japan | 81.6 |
Grenoble | France | 81.6 |
Granada | Spain | 81.6 |
Saint Helier | Jersey | 80.4 |
Paris | France | 80.2 |
Beersheba | Israel | 80.1 |
Augsburg | Germany | 79.9 |
Alicante | Spain | 79.9 |
Leipzig | Germany | 79.8 |
Norwich | United Kingdom | 79.7 |
Jerusalem | Israel | 79.6 |
Guelph | Canada | 79.6 |
Vienna | Austria | 79.6 |
Hamilton | Bermuda | 79.4 |
Auckland | New Zealand | 79.2 |
Dayton, OH | United States | 79.2 |
Graz | Austria | 79.0 |
Guildford | United Kingdom | 78.8 |
Navi Mumbai | India | 78.7 |
Murcia | Spain | 78.5 |
Linz | Austria | 78.4 |
Syracuse, NY | United States | 78.4 |
Groningen | Netherlands | 78.3 |
Utrecht | Netherlands | 77.9 |
Salzburg | Austria | 77.8 |
Haifa | Israel | 77.6 |
Kelowna | Canada | 77.5 |
Gent | Belgium | 77.4 |
Leiden | Netherlands | 77.2 |
Haarlem | Netherlands | 77.1 |
Bremen | Germany | 77.1 |
Bournemouth | United Kingdom | 76.5 |
Jeddah (Jiddah) | Saudi Arabia | 76.1 |
Cape Town | South Africa | 75.8 |
Kingston | Canada | 75.4 |
Abu Dhabi | United Arab Emirates | 75.2 |
Vigo | Spain | 75.0 |
Gurgaon | India | 74.9 |
Reykjavik | Iceland | 74.8 |
Brighton | United Kingdom | 74.8 |
Madrid | Spain | 74.8 |
Seoul | South Korea | 74.5 |
Qingdao, Shandong | China | 74.0 |
Milton Keynes | United Kingdom | 73.9 |
Kitchener | Canada | 73.9 |
Durban | South Africa | 73.9 |
Thiruvananthapuram | India | 73.7 |
York | United Kingdom | 73.5 |
Petah Tikva | Israel | 72.9 |
Nanjing | China | 72.9 |
Johannesburg | South Africa | 72.2 |
Prague | Czech Republic | 72.0 |
Galway | Ireland | 71.9 |
St.Catharines | Canada | 71.2 |
Seville (Sevilla) | Spain | 71.0 |
Barcelona | Spain | 70.8 |
Tel Aviv-Yafo | Israel | 70.2 |
Guangzhou | China | 70.1 |
Valencia | Spain | 70.0 |
Zaragoza (Saragossa) | Spain | 69.3 |
Brescia | Italy | 69.1 |
Shenzhen | China | 69.0 |
Kuwait City | Kuwait | 68.8 |
Innsbruck | Austria | 68.0 |
Maribor | Slovenia | 68.0 |
Macao | Macao | 67.3 |
Turin | Italy | 67.2 |
Krakow (Cracow) | Poland | 67.1 |
San Juan | Puerto Rico | 66.7 |
Padova | Italy | 66.6 |
Thane | India | 66.1 |
Warsaw | Poland | 66.0 |
Penang | Malaysia | 65.9 |
Malaga | Spain | 65.8 |
Hong Kong | Hong Kong | 65.7 |
Bilbao | Spain | 65.5 |
Ostrava | Czech Republic | 65.2 |
Brno | Czech Republic | 65.1 |
Bari | Italy | 65.0 |
Hangzhou | China | 65.0 |
Tallinn | Estonia | 64.9 |
Kaunas | Lithuania | 64.9 |
Gdansk | Poland | 64.4 |
Nice | France | 64.2 |
Katowice | Poland | 64.0 |
Kuala Lumpur | Malaysia | 64.0 |
Santa Cruz de Tenerife | Spain | 63.8 |
Bergamo | Italy | 63.3 |
Palma de Mallorca | Spain | 63.2 |
Raipur | India | 63.2 |
Verona | Italy | 63.1 |
Trieste | Italy | 63.0 |
St. John's, Newfoundland and Labrador | Canada | 62.8 |
Manama | Bahrain | 62.6 |
Bratislava | Slovakia | 62.6 |
Noida | India | 62.6 |
Vilnius | Lithuania | 62.1 |
Treviso | Italy | 62.0 |
Olomouc | Czech Republic | 61.3 |
Paphos | Cyprus | 61.2 |
Petaling Jaya | Malaysia | 60.9 |
Parma | Italy | 60.7 |
Tartu | Estonia | 60.5 |
Delhi | India | 60.4 |
Nicosia | Cyprus | 60.3 |
Ljubljana | Slovenia | 60.2 |
Lublin | Poland | 60.2 |
Wroclaw | Poland | 59.9 |
Kochi | India | 59.5 |
Taipei | Taiwan | 59.3 |
Bologna | Italy | 58.9 |
Palermo | Italy | 58.9 |
Suzhou | China | 58.8 |
Jammu | India | 58.4 |
Poznan | Poland | 58.3 |
Windsor | Canada | 58.0 |
Lodz | Poland | 57.8 |
Yekaterinburg | Russia | 57.8 |
Cagliari | Italy | 57.7 |
Nanaimo, BC | Canada | 57.5 |
Nagoya | Japan | 57.4 |
Las Palmas de Gran Canaria | Spain | 56.7 |
Sharjah | United Arab Emirates | 56.7 |
Osijek | Croatia | 56.4 |
Naples | Italy | 56.2 |
Chengdu | China | 56.0 |
Limassol | Cyprus | 55.8 |
Kaohsiung | Taiwan | 55.5 |
Larnaca | Cyprus | 55.3 |
Sofia | Bulgaria | 55.3 |
Zagreb | Croatia | 55.1 |
Catania | Italy | 54.6 |
Ghaziabad | India | 54.6 |
Thrissur | India | 54.4 |
Timisoara | Romania | 54.3 |
Bhubaneswar | India | 54.2 |
Milan | Italy | 54.0 |
Pune | India | 53.7 |
Florence | Italy | 53.4 |
Bucharest | Romania | 53.2 |
Beijing | China | 53.1 |
Cluj-Napoca | Romania | 53.1 |
Shanghai | China | 53.0 |
Coimbra | Portugal | 53.0 |
Craiova | Romania | 52.9 |
Riga | Latvia | 52.8 |
Budapest | Hungary | 52.7 |
Pisa | Italy | 52.1 |
Genoa | Italy | 51.6 |
Jaipur | India | 51.5 |
Gaborone | Botswana | 51.4 |
Rome | Italy | 51.3 |
Kosice | Slovakia | 51.2 |
Hyderabad | India | 51.2 |
Szczecin | Poland | 51.1 |
Faridabad | India | 51.1 |
Queretaro | Mexico | 51.0 |
Arad | Romania | 51.0 |
Gdynia | Poland | 50.6 |
Kozhikode (Calicut) | India | 50.0 |
Debrecen | Hungary | 49.9 |
Leiria | Portugal | 49.7 |
Moscow | Russia | 49.6 |
Szeged | Hungary | 49.5 |
Oradea | Romania | 49.5 |
Ajman | United Arab Emirates | 48.3 |
Lisbon | Portugal | 48.3 |
Sibiu | Romania | 48.3 |
Kiev (Kyiv) | Ukraine | 48.2 |
Lucknow (Lakhnau) | India | 48.2 |
Sliema | Malta | 48.0 |
Mumbai | India | 48.0 |
Mangalore | India | 47.9 |
Pristina | Kosovo (Disputed Territory) | 47.5 |
Pecs | Hungary | 47.2 |
Nassau | Bahamas | 46.7 |
Funchal | Portugal | 46.5 |
Chandigarh | India | 46.5 |
Ernakulam | India | 46.5 |
Mysore | India | 46.5 |
Braga | Portugal | 46.3 |
Varna | Bulgaria | 46.3 |
Chennai | India | 46.3 |
Vadodara | India | 46.1 |
Bhopal | India | 45.8 |
Plovdiv | Bulgaria | 45.6 |
Constanta | Romania | 45.4 |
Porto | Portugal | 44.9 |
Rajkot | India | 44.8 |
Suva | Fiji | 44.7 |
Brasov | Romania | 44.7 |
Kolkata | India | 44.7 |
Iasi | Romania | 44.1 |
Aveiro | Portugal | 43.9 |
Sarajevo | Bosnia And Herzegovina | 43.7 |
Rijeka | Croatia | 43.6 |
Brasilia | Brazil | 43.5 |
Monterrey | Mexico | 43.0 |
San Jose | Costa Rica | 42.9 |
Novi Sad | Serbia | 42.7 |
Visakhapatnam | India | 42.7 |
Split | Croatia | 42.5 |
Nagpur | India | 42.5 |
Burgas | Bulgaria | 42.4 |
Surat | India | 42.0 |
Cascais | Portugal | 41.2 |
Astana (Nur-Sultan) | Kazakhstan | 41.0 |
Saint Petersburg | Russia | 40.8 |
Port of Spain | Trinidad And Tobago | 40.7 |
Coimbatore | India | 40.7 |
Nis | Serbia | 40.4 |
Dehradun | India | 40.4 |
Athens | Greece | 40.0 |
Indore | India | 40.0 |
Erbil (Irbil) | Iraq | 39.9 |
Guwahati | India | 39.6 |
Kota Kinabalu | Malaysia | 39.4 |
Ankara | Turkey | 39.1 |
Ahmedabad | India | 39.1 |
Baghdad | Iraq | 39.0 |
Kanpur | India | 38.8 |
Ranchi | India | 38.6 |
Novosibirsk | Russia | 38.4 |
Banja Luka | Bosnia And Herzegovina | 38.3 |
Lviv | Ukraine | 38.3 |
Cancun | Mexico | 38.2 |
Thessaloniki | Greece | 37.9 |
Lusaka | Zambia | 37.5 |
Patras | Greece | 37.4 |
Vijayawada | India | 37.2 |
Skopje | North Macedonia | 37.0 |
Rostov-na-donu | Russia | 36.9 |
Patna | India | 36.8 |
Mexico City | Mexico | 36.7 |
Krasnodar | Russia | 36.6 |
Goa | India | 36.3 |
Belgrade | Serbia | 36.1 |
Heraklion | Greece | 36.0 |
Podgorica | Montenegro | 36.0 |
Guadalajara | Mexico | 36.0 |
Ludhiana | India | 35.8 |
Nashik | India | 35.3 |
Izmir | Turkey | 35.2 |
Nizhny Novgorod | Russia | 35.0 |
Rabat | Morocco | 34.7 |
La Paz | Bolivia | 34.6 |
Chisinau | Moldova | 34.4 |
Casablanca | Morocco | 34.1 |
Kharkiv | Ukraine | 34.0 |
Almaty | Kazakhstan | 33.6 |
Merida | Mexico | 33.5 |
Kazan | Russia | 33.5 |
Tangier | Morocco | 33.2 |
Santa Cruz | Bolivia | 32.9 |
Medellin | Colombia | 32.8 |
Madurai | India | 32.8 |
Odessa (Odesa) | Ukraine | 32.7 |
Dnipro | Ukraine | 32.7 |
Panama City | Panama | 32.3 |
Curitiba | Brazil | 32.3 |
Santiago | Chile | 32.1 |
Guayaquil | Ecuador | 31.4 |
Agadir | Morocco | 31.4 |
Tirana | Albania | 31.2 |
Minsk | Belarus | 31.2 |
Porto Alegre | Brazil | 31.2 |
Cali | Colombia | 31.1 |
Ho Chi Minh City | Vietnam | 30.9 |
Montevideo | Uruguay | 30.8 |
Cuenca | Ecuador | 30.8 |
Hanoi | Vietnam | 30.7 |
Bucaramanga | Colombia | 30.4 |
Marrakech | Morocco | 30.0 |
Chiang Mai | Thailand | 29.9 |
Bangkok | Thailand | 29.8 |
Quito | Ecuador | 29.7 |
Yerevan | Armenia | 29.7 |
Amman | Jordan | 29.5 |
Tbilisi | Georgia | 29.5 |
Islamabad | Pakistan | 29.5 |
Florianopolis | Brazil | 29.3 |
Sao Paulo | Brazil | 29.2 |
Nairobi | Kenya | 29.2 |
Karachi | Pakistan | 29.2 |
Lima | Peru | 28.9 |
Istanbul | Turkey | 28.7 |
Male | Maldives | 28.5 |
Baku | Azerbaijan | 28.0 |
Agra | India | 27.9 |
Asuncion | Paraguay | 27.4 |
Phuket | Thailand | 27.3 |
Barranquilla | Colombia | 27.0 |
Buenos Aires | Argentina | 26.9 |
Kigali | Rwanda | 26.4 |
Kingston | Jamaica | 26.1 |
Bogota | Colombia | 26.1 |
Peshawar | Pakistan | 26.0 |
Jakarta | Indonesia | 25.3 |
Multan | Pakistan | 25.1 |
Ulaanbaatar | Mongolia | 25.0 |
Guatemala City | Guatemala | 24.4 |
Cairo | Egypt | 24.4 |
Lahore | Pakistan | 24.4 |
Tunis | Tunisia | 24.2 |
Dhaka | Bangladesh | 23.8 |
Surabaya | Indonesia | 23.6 |
Pattaya | Thailand | 23.3 |
Kathmandu | Nepal | 23.2 |
Dakar | Senegal | 23.1 |
Bishkek | Kyrgyzstan | 23.1 |
Rawalpindi | Pakistan | 22.9 |
Isfahan (Esfahan) | Iran | 22.8 |
Kabul | Afghanistan | 22.8 |
Mashhad | Iran | 22.7 |
Tashkent | Uzbekistan | 22.6 |
Santo Domingo | Dominican Republic | 22.2 |
Manila | Philippines | 22.2 |
San Salvador | El Salvador | 21.8 |
Bandung | Indonesia | 21.8 |
Algiers | Algeria | 21.8 |
Accra | Ghana | 21.1 |
Belo Horizonte | Brazil | 21.0 |
Makati | Philippines | 20.6 |
Alexandria | Egypt | 20.3 |
Quezon City | Philippines | 19.7 |
Rio de Janeiro | Brazil | 18.9 |
Baguio | Philippines | 18.7 |
Colombo | Sri Lanka | 18.6 |
Harare | Zimbabwe | 17.6 |
Cebu | Philippines | 17.6 |
Paramaribo | Suriname | 16.4 |
Caracas | Venezuela | 15.9 |
Beirut | Lebanon | 15.4 |
Phnom Penh | Cambodia | 14.8 |
Tehran | Iran | 14.6 |
Bali | Indonesia | 14.1 |
Dar es Salaam | Tanzania | 13.5 |
Yogyakarta | Indonesia | 12.2 |
Addis Ababa | Ethiopia | 9.8 |
Kampala | Uganda | 9.8 |
Lagos | Nigeria | 8.3 |
Abidjan | Ivory Coast | 6.3 |
Damascus | Syria | 5.0 |
Havana | Cuba | 1.6 |
In contrast, the average consumer in Hamilton, Bermuda has a relatively low purchasing power. Based on the average net salary in the city, consumers can afford about 30% less than people in New York City.
Inflation Continues to Drive Prices Up
Amidst rising inflation and increased prices for consumer goods, cost of living has become top of mind for many people around the world.
Since late 2021, the world has been experiencing a cost of living crisis, largely because of pent-up demand following the COVID-19 pandemic, coupled with supply chain issues and the Russia-Ukraine conflict.
But according to UBS Chief Economist Paul Donovan, we’ve likely seen the worst of it, and inflation is likely to decrease across the globe in the second half of the year.
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