Zurich Leads The Way In Pricey Cities Ranking

• Share
• Facebook
• Twitter
• E-mail
• Print
• Copy link

Switzerland's biggest city Zurich has thus moved up five places since the last ranking, according to data published on Thursday by the Economist Intelligence Unit (EIU), the analytical research unit of the Economist Group.

The city's top position is partly due to the strong Swiss franc. However, high prices for food and leisure activities also played a role.

+ Read more: why is Switzerland so expensive?

Zurich and Singapore (1st place each) were followed in the EIU ranking by Geneva and New York (3rd place each), Hong Kong (5th), Los Angeles (6th), Paris (7th), Copenhagen and Tel Aviv (8th) and San Francisco (10th).

According to the EIU, the cheapest city in the world is Syrian capital Damascus (173rd). It is followed by the Iranian capital Tehran (172nd) and Libya's capital Tripoli (171st).

The Russian cities of Moscow (142nd) and St. Petersburg (147th) were among the cities that slipped most in the ranking, due to the weakening of the rouble as a result of the sanctions due to the war in Ukraine.

According to the EIU, it surveys the prices of over 400 products and services in 173 cities twice a year and converts them into US dollars. The data for the current ranking was collected between mid-August and mid-September – before the outbreak of the Israeli-Palestinian war, which has since influenced exchange rates and prices in Israel the EIU writes.

Send us your input

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles. You can find them hereExternal link .

If you want to know more about how we work, have a look hereExternal link , and if you have feedback on this news story please write to ...External link .

Get the most important news from Switzerland in your inbox.

Daily

The SBC Privacy Policy provides additional information on how your data is processed.

I consent to the use of my data for the SWI swissinfo newsletter.

Articles in this story

• Do you have more questions about this story?

In compliance with the JTI standards

More: SWI swissinfo certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at ... .

MENAFN30112023000210011054ID1107517418