After currency swings pushed Zurich to the top of the ranking last year, Tokyo has resumed its place as the world´s most expensive city. This is a familiar position for the Japanese capital which has been the world´s most expensive city for all but a handful of the last 20 years. In fact, since 1992 Tokyo has been the ranking city in every year bar six. Only Zurich, Paris and Oslo were dubbed the world´s most expensive city during this time.
The cheapest cities in the ranking have a familiar feel to them, both in terms of geography and consistency. While Asia is home to over half of the world’s 20 most expensive cities, the region is also home to six of the ten cheapest cities. Within Asia it is also possible to drill down to the geographic area offering the lowest prices. Five of the bottom ten (and six of the bottom eleven) cities hail from the Indian subcontinent (defined as India, Pakistan, Bangladesh, Nepal and Sri Lanka). Mumbai and Karachi are the joint cheapest locations in the survey, with indices of just 44 when compared with New York.
The ten least expensive