Vancouver #119 most expensive city in the world to live

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Vancouver

Despite our astronomical housing costs, Vancouver has not ranked as one of the most expensive cities in the world, but it is still the most expensive in Canada.

The Mercer 2015 Cost of Living survey has placed Vancouver way down the list at number 119, rubbing shoulders with Kuwait City and Cairo, Egypt.

The survey is meant to provide a guideline for international workforce compensation, but many are simply curious to see where their buck goes the farthest. The cost of over 200 goods and services in 360 cities are analyzed, using New York as the base city and the U.S. Dollar as the base currency.

And while you may think your two bedroom, unfurnished apartment rent is insanely high, it’s nothing compared to oil-rich Luanda, Angola, where you would pay $6,800 per month compared to an average $1,837 US in Vancouver.

Another good piece of news: apparently Vancouver is getting less expensive compared to the rest of the world. In 2014, we placed at number 96 on the list, 23 spots lower. We aren’t quite sure how that happened, but we’ll trust the experts.

But in terms of Canada, Vancouver is still the most expensive city to live. Toronto came in at number 126, Montreal at 140, Calgary at 146 and Ottawa at number 162.

Where might one find the cheapest places to live? The results are a mixed bag, with the least expensive being Bishkek, Kyrgyzstan; Windhoek, Namibia; Karachi, Pakistan; and Tunis, Tunisia. If you’re not keen on moving to the Middle East or Africa, the cheapest North American city is Ottawa.

The 2015 Cost of Living Rankings

  1. Luanda, Angola
  2. Honk Kong, Hong Kong
  3. Zurich, Switzerland
  4. Singapore, Singapore
  5. Geneva, Switzerland
  6. Shanghai, China
  7. Beijing, China
  8. Seoul, South Korea
  9. Bern, Switzerland
  10. N’Djamena, Chad
  11. Tokyo, Japan
  12. London, United Kingdom
  13. Kinshasa, Democratic Republic of Congo
  14. Shenzhen, China
  15. Guangzhou, China
  16. New York City, United States
  17. Victoria, Seychelles
  18. Tel Aviv, Israel
  19. Buenos Aires, Argentina
  20. Lagos, Nigeria
  21. Shenyang, China
  22. Conakry, Guinea
  23. Dubai, United Arab Emirates
  24. Copenhagen, Denmark
  25. Qingdao, China
  26. Nanjing, China
  27. Tianjin, China
  28. Yangon, Myanmar
  29. Chengdu, China
  30. Libreville, Gabon
  31. Sydney, Australia
  32. Osaka, Japan
  33. Abu Dhabi, United Arab Emirates
  34. Baku, Azerbaijan
  35. Abuja, Nigeria
  36. Los Angeles, United States
  37. San Francisco, United States
  38. Oslo, Norway
  39. Noumea, New Caledonia
  40. Sao Paulo, Brazil
  41. Taipei, Taiwan
  42. Chicago, United States
  43. Brazzaville, Republic of Congo
  44. Beirut, Lebanon
  45. Bangkok, Thailand
  46. Paris, France
  47. Melbourne, Australia
  48. Perth, Australia
  49. Dublin, Ireland
  50. Washington D.C., United States
  51. Moscow, Russia
  52. Honolulu, United States
  53. Milan, Italy
  54. Amman, Jordan
  55. Djibouti, Djibouti
  56. Vienna, Austria
  57. Miami, United States
  58. Abidjan, Cote d’Ivoire
  59. Rome, Italy
  60. Yaounde, Cameroon
  61. Auckland, New Zealand
  62. Accra, Ghana
  63. Dhaka, Bangladesh
  64. Boston, United States
  65. Canberra, Australia
  66. Brisbane, Australia
  67. Helsinki, Finland
  68. Rio de Janeiro, Brazil
  69. Amsterdam, Netherlands
  70. Santiago, Chile
  71. Adelaide, Australia
  72. Riyadh, Saudi Arabia
  73. White Plains, United States
  74. Mumbai, India
  75. Manila, Philippines

119. Vancouver, Canada

The price of goods around the world

Along with the cost of living rankings, Mercer also released a few data sets showing some pretty stark comparisons between Vancouver and other key cities around the world.

We will definitely be taking “see a movie” off our things to do in London, England list.

Image: Mercer

Image: Mercer

Image: Mercer

Image: Mercer

Image: Mercer

Image: Mercer

Image: Mercer

Image: Mercer

 

 

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Jill Slattery Jill Slattery was born and raised in Vancouver, where she also earned an Arts degree from UBC in English and Creative Writing. She is an avid TV-watcher and a shameless Taylor Swift fangirl. Jill is a Staff Writer at Vancity Buzz. Contact her at jill@vancitybuzz.com
@jillslattery

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