“The Cost of Living in New York: Second Most Expensive City in the World”

Your dream is to live in NY? You must have a good saving to be able to fulfill it, since the Big Apple is found in second place in the list of cities of the world.

The company ECA International made a study over the cities with costs higher to reside, either for the rent or rental of housing and for the cost of living in the region.

In first position was Hong Kong, for having the highest prices in the world. they follow him NYin USAin second place and Geneva, in Switzerland, in third.

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Last year, the Big Apple it was in fourth place in the ranking, below Hong Kong, Tokyo and Geneva.

The top five of ECA International are completed by the cities of London, in England, and Tokyo, in Japan.

The company specified that high inflation was a very important factor for New York and London to enter the list of the most expensive cities to live in. The company analyzes the cost of living, services and the basic basket, as well as public transport.

For example, while a hot coffee costs $3.30 in Sydney, it costs $5.21 in Hong Kong and in NY 5.08. The same happens with a liter of milk, which in Sydney costs a dollar and 50 cents, in New York it reaches 2.36 and in Hong Kong 4.39.

The Gasoline The most expensive is also the most expensive, at $3.04, while in New York it is $1.24.

Besides, NY had a 12 percent increase in the overall cost of home rentals.

Another American city that was positioned on the ECA International list was San FranciscoCalifornia, at site 11.