View Single Post
Old 06-26-2006, 04:48 AM  
just a punk
So fuckin' bored
 
just a punk's Avatar
 
Industry Role:
Join Date: Jun 2003
Posts: 32,386
Most expensive cities: recent updates

Quote:
Moscow and Seoul leapfrogged Tokyo to become the world's most expensive cities, a survey by Mercer Human Resource Consulting showed. Tokyo, which ranked first in the past two years, dropped to third place.

Moscow jumped to first place this year from fourth in 2005 as the costs of accommodation surged. Seoul rose to second from fifth, while Asuncion, the capital of Paraguay, remained the cheapest city to live in, the survey said. New York was the highest-placed U.S. city, rising three places to 10th.

"It can now be more expensive to send employees to work in Russia and Korea than places like Japan or Switzerland, which are often perceived to be more costly,'' Rebecca Powers, a senior consultant at Mercer, said in an e-mailed statement.

The survey, conducted by New York-based Mercer in March, measures the costs of more than 200 items in 144 cities. Companies and governments use the information to gauge the purchasing power of employees transferred abroad.
Source: http://www.mercerhr.com/knowledgecen...ontent/1231480

P.S. Seems it's time to leave Moscow and move to some cheaper place, say to the EU, USA, or CA...
__________________
Obey the Cowgod
just a punk is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote