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Cost of living in selected cities worldwide 2018, by price index
Cost of living in selected cities worldwide in 2018, by price index (excluding rent)
by Erin Duffin,
last edited
Jun 28, 2019
This statistic shows a ranking of the cost of living in selected cities worldwide in 2018, by a price index. The index score is based on prices in New York. As of 2018, Geneva was the most expensive city to live in, with a price level of 113.39 where New York is the base at 100.
Cost of living in selected cities worldwide in 2018, by price index (excluding rent)
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Description
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by Erin Duffin,
last edited
Jun 28, 2019
This statistic shows a ranking of the cost of living in selected cities worldwide in 2018, by a price index. The index score is based on prices in New York. As of 2018, Geneva was the most expensive city to live in, with a price level of 113.39 where New York is the base at 100.
- Show sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- May 2018
- Region
- Worldwide
- Survey time period
- 2018
- Supplementary notes
- The composition of reference basket of goods and services represents the spending habits of a three-person European family. The prices of the 122 goods and services are weighted by monthly consumption. For example, we assume that a family in Europe consumes almost 15 kilos (33 pounds) of vegetables every month, but only buys a new personal computer every 2.5 years. Price level calculations are based on the cost of a basket of 122 goods and services including rent. For index, these reference basket prices are shown as relative to our reference city, New York City. Rent values were calculated by weighting the prices of our three types of housing equally.
Source
- Show sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- May 2018
More information
- Region
- Worldwide
- Survey time period
- 2018
- Supplementary notes
- The composition of reference basket of goods and services represents the spending habits of a three-person European family. The prices of the 122 goods and services are weighted by monthly consumption. For example, we assume that a family in Europe consumes almost 15 kilos (33 pounds) of vegetables every month, but only buys a new personal computer every 2.5 years. Price level calculations are based on the cost of a basket of 122 goods and services including rent. For index, these reference basket prices are shown as relative to our reference city, New York City. Rent values were calculated by weighting the prices of our three types of housing equally.
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