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Monday, June 18, 2007

Dublin's cost of living rising

Relative to other world cities, Dublin continues to be one of the world's most expensive cities to live in.

The latest edition of the Mercer Cost of Living Index reveals that Dublin is now the world's 16th most expensive place to live, marginally behind New York.

Think about that for a sec. You're paying New York prices for Dublin living standards. Sad but true.

This is two places higher than Dublin was last year, indicating that the cost of living relative to other cities is still rising in Dublin, despite cooling house prices. Conclusion: rip-off Ireland is still alive and well and scorching the wallets of everyone in the Pale.

Moscow tops the list of the most expensive cities in the world to live - not a surprise to anyone who's tried to get accommodation there or even buy a sludgy coffee near the Arbat.

London is second, no surprise there either, and the Asian cities of Seoul, Tokyo and Hong Kong make up the rest of the top five.

In case anyone's wondering how Moscow could be the world's most expensive city, here's Mercer's rationale:

"Mercer's annual Cost of Living Survey covers 143 cities across six continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. It is the world’s most comprehensive cost of living survey and is used to help multinational companies and governments determine compensation allowances for their expatriate employees."


b3n said...

I paid 144 000 RUB (€35) for a meal for two in a very fancy restaurant in Moscow once. Spent a half hour counting the money. The suit and his missus at another table were short for their meal so the KGB came and took them to work the difference away in Siberia.

Anonymous said...

I can't believe it's only the 16th most expensive place to live! The only thing holding it back is probably the fact that of the people of "live" in Dublin actually live in places like carlow, portlaoise, etc.

boro said...

Its sickening how expensive everything is in Dublin even compared to within a 2 mile drive of the place. Admittedly that is most of Ireland, but there is a huge disparity in the costs of items. Bulmers for one! On average, a pint of that fermented nectar costs between €1.50 and €2.50 more in dublin than it does in small towns across Ireland.

JC Skinner said...

I should've known you'd be concerned about the rising cost of Bulmers, Boro.

Flirty Something said...

There is no way we are 15 places behind new york and london - mad

イアン(Ian) said...

NYC is cheaper...

pint of bud (shit i know) $3

come on...

thing is did they research if in moscow you could live cheaply?

Dublin nowhere is cheap..

JC Skinner said...

I can tell you, Ian, that if you speak Russian, Moscow gets multiples cheaper all of a sudden.

JC Skinner said...

I think we're level with New York and around ten places behind London, Flirty.

イアン(Ian) said...

I'm in NYC at the moment and with the exhange rate the way it is nearly everything is cheaper... without fail... even guinness