Which city is the most expensive in Europe?
No surprises here: London of course. The FT reports that a basket of 250 branded goods in the UK capital is 5.3% higher than in the Eurozone average. So not only it is difficult to be on budget because you are a student, you need to do this in the most expensive city in Europe... I should have go to Warsaw instead where prices are 22% cheaper than in the Eurozone.
The article also mentions price convergence in the Eurozone, at least for branded goods, which is (one of) the benefits of the common currency. Of course, it does not help us very much here in the UK!
The article also mentions price convergence in the Eurozone, at least for branded goods, which is (one of) the benefits of the common currency. Of course, it does not help us very much here in the UK!
posted by k at 8:24 AM
2 Comments:
I wonder if they checked Moscow. When I was in London, going throught the shops, I was thinking: "Wow! Cheaper than in Moscow! And quality is better!.."
good point. i've heard Moscow is incredibly expensive
you are probably the only one who think living in London is cheaper than in your home city. even the Japanese here think that London is more expensive than Tokyo!
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