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Megan Willett, Business InsiderSeptember 20, 2012 17:23

The 20 most expensive cities on the planet

UBS financial firm recently did a survey of the cities with the highest cost of living.

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Tokyo expensive city 2012 09 20Enlarge
This file photo shows Japan's highest mountain Mount Fuji rising up behind the skyscraper skyline as the sun sets over Tokyo. (Kazuhiro Nogi/AFP/Getty Images)
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#20 Chicago, Illinois

Monthly cost of food: $460

Cost of a couple's wardrobe: $1,940

Price of monthly services: $770

Average local monthly rent: $1,400

Source: UBS

  • Food costs are based on a basket of 39 food items
  • Wardrobe costs are based on items from large department stores (Women's wardrobe includes 2-piece suit, blazer/jacket/dress, pantyhose, outdoor shoes; Men's wardrobe includes suit, blazer/jacket, shirt, jeans, socks, outdoor shoes)
  • Services costs are based on a basket of 27 services, including domestic help, visits to hairdressers and restaurants, and TV, phone and internet charges
  • Rent based on prices for normal local households

 

#19 Rome, Italy

Monthly cost of food: $497

Cost of a couple's wardrobe: $1,740

Price of monthly services: $690

Average local monthly rent: $1,810

Source: UBS

  • Food costs are based on a basket of  39 food items
  • Wardrobe costs are based on items from large department stores (Women's wardrobe includes 2-piece suit, blazer/jacket/dress, pantyhose, outdoor shoes; Men's wardrobe includes suit, blazer/jacket, shirt, jeans, socks, outdoor shoes)
  • Services costs are based on a basket of 27 services, including domestic help, visits to hairdressers and restaurants, and TV, phone and internet charges
  • Rent based on prices for normal local households

 

#18 Milan, Italy

Monthly cost of food: $487

Cost of a couple's wardrobe: $2,040

Price of monthly services: $710

Average local monthly rent: $1,260

Source: UBS

  • Food costs are based on a basket of  39 food items
  • Wardrobe costs are based on items from large department stores (Women's wardrobe includes 2-piece suit, blazer/jacket/dress, pantyhose, outdoor shoes; Men's wardrobe includes suit, blazer/jacket, shirt, jeans, socks, outdoor shoes)
  • Services costs are based on a basket of 27 services, including domestic help, visits to hairdressers and restaurants, and TV, phone and internet charges
  • Rent based on prices for normal local households

 

#17 Vienna, Austria

Monthly cost of food: $504

Cost of a couple's wardrobe: $2,020

Price of monthly services: $680

Average local monthly rent: $950

Source: UBS

  • Food costs are based on a basket of  39 food items
  • Wardrobe costs are based on items from large department stores (Women's wardrobe includes 2-piece suit, blazer/jacket/dress, pantyhose, outdoor shoes; Men's wardrobe includes suit, blazer/jacket, shirt, jeans, socks, outdoor shoes)
  • Services costs are based on a basket of 27 services, including domestic help, visits to hairdressers and restaurants, and TV, phone and internet charges
  • Rent based on prices for normal local households

 

#16 Montreal, Canada

Monthly cost of food: $519

Cost of a couple's wardrobe: $1,730

Price of monthly services: $690

Average local monthly rent: $1,360

Source: UBS

  • Food costs are based on a basket of  39 food items
  • Wardrobe costs are based on items from large department stores (Women's wardrobe includes 2-piece suit, blazer/jacket/dress, pantyhose, outdoor shoes; Men's wardrobe includes suit, blazer/jacket, shirt, jeans, socks, outdoor shoes)
  • Services costs are based on a basket of 27 services, including domestic help, visits to hairdressers and restaurants, and TV, phone and internet charges
  • Rent based on prices for normal local households

 

#15 Sydney, Australia

Monthly cost of food: $509

Cost of a couple's wardrobe: $1,400

Price of monthly services: $680

Average local monthly rent: $1,640

Source: UBS

  • Food costs are based on a basket of  39 food items
  • Wardrobe costs are based on items from large department stores (Women's wardrobe includes 2-piece suit, blazer/jacket/dress, pantyhose, outdoor shoes; Men's wardrobe includes suit, blazer/jacket, shirt, jeans, socks, outdoor shoes)
  • Services costs are based on a basket of 27 services, including domestic help, visits to hairdressers and restaurants, and TV, phone and internet charges
  • Rent based on prices for normal local households

 

#14 Paris, France

Monthly cost of food: $523

Cost of a couple's wardrobe: $2,430

Price of monthly services: $770

Average local monthly rent: $1,670

Source: UBS

  • Food costs are based on a basket of  39 food items
  • Wardrobe costs are based on items from large department stores (Women's wardrobe includes 2-piece suit, blazer/jacket/dress, pantyhose, outdoor shoes; Men's wardrobe includes suit, blazer/jacket, shirt, jeans, socks, outdoor shoes)
  • Services costs are based on a basket of 27 services, including domestic help, visits to hairdressers and restaurants, and TV, phone and internet charges
  • Rent based on prices for normal local households

 

#13 Munich, Germany

Monthly cost of food: $500

Cost of a couple's wardrobe: $1,960

Price of monthly services: $710

Average local monthly rent: $970

Source: UBS

  • Food costs are based on a basket of  39 food items
  • Wardrobe costs are based on items from large department stores (Women's wardrobe includes 2-piece suit, blazer/jacket/dress, pantyhose, outdoor shoes; Men's wardrobe includes suit, blazer/jacket, shirt, jeans, socks, outdoor shoes)
  • Services costs are based
Original Source URL: 
http://www.businessinsider.com/cost-of-living-index-for-global-cities-2012-9?op=1

http://www.globalpost.com/dispatch/news/culture-lifestyle/traveltourism/120920/most-expensive-world-cities-cost-of-living-UBS

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