Expensive Places to Live
Here is the ranking of the world’s most expensive cities, according to Corporate Resources Group consultants. The survey, using New York City as a base of 100, covers the costs of 151 products including food, clothing and transportation. Housing is not included. But the figures may not truly reflect the cost of living because they are based on official exchange rates, which can be significantly lower than the amount of local currency a dollar will buy on the streets.
Top 10 and bottom 10 cost of living ratings for cities surveyed:
For the record:
12:00 a.m. May 30, 1992 For the Record
Los Angeles Times Saturday May 30, 1992 Home Edition Business Part D Page 2 Column 3 Financial Desk 1 inches; 29 words Type of Material: Correction
Expensive cities--A graphic in Thursday’s editions left Los Angeles off of a list of the world’s most-expensive cities. New York was the base with a rating of 100. Los Angeles ranked 55th with a rating of 95.
Most Expensive
Rank City Rating 1. Tokyo, Japan 174 2. Osaka, Japan 162 3. Tripoli, Libya 146 4. Stockholm, Sweden 136 4. Libreville, Gabon 136 6. Brazzaville, Congo 135 6. Oslo, Norway 135 8. Taipei, Taiwan 129 9. Dakar, Senegal 126 10. Abidjan, Ivory Coast 124
Least Expensive
Rank City Rating 88. Algiers, Algeria 76 90. Warsaw, Poland 75 90. Prague, Czechoslovakia 75 92. Bogota, Colombia 73 93. Asuncion, Paraguay 71 93. Tehran, Iran 71 95. San Jose, Costa Rica 67 95. Bombay, India 67 97. Quito, Ecuador 64 98. Harare, Zimbabwe 62
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