Thursday, March 08, 2007
Austria still as expensive as ever
Or almost as expensive anyway. According to The Economist, Vienna is the world's 12th most expensive city to live in. Last year, it was 11th. So things got slightly better.
The most expensive city is Oslo (Norway). Oslo was most expensive last year too, when for the first time, it passed Tokyo. This year, Tokyo fell to 5th place. The top 5 this year are Oslo, Paris, Kopenhagen, London, and Tokyo. 8 out of the top 10 cities are in Europe now, in part because of the strong Euro and the weak Yen and US Dollar.
This also means that it is more expensive to live in Vienna than it is to live in places such as New York City, Berlin, Munich, or Brussels.
I used to be a huge critic of the living expense in Europe. In fact, that was one of the main points why I moved away. Now, I see things a bit different. Especially in Austria, you *do* get a lot for the extra money you pay. A great social system and great health care for instance. Great infrastructure. Generally, your money buys you what is probably the best overall quality of life that is to be had anywhere. (Austria is probably among the leaders but I would argue that several other European countries are tied for first place).
BTW: If you would like to live on the inexpensive side, move to Tehran (Iran). It is the least expensive city in the survey. There are certain downsides to living there, but it is cheap... ;-)
Posted @ 11:24 AM by Egger, Markus (email@example.com) -
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