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The 20 most expensive cities on the planet

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

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)

#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