Go Back   English Forum Switzerland > Help & tips > Other/general  
Reply
 
Thread Tools Display Modes
  #1  
Old 27.06.2019, 09:09
Junior Member
 
Join Date: Jan 2018
Location: Zurich
Posts: 57
Groaned at 0 Times in 0 Posts
Thanked 66 Times in 28 Posts
curiousnomad is considered knowledgeablecuriousnomad is considered knowledgeablecuriousnomad is considered knowledgeable
Mercer's Cost of Living City Ranking 2019

Zurich is the only European city making it into top 10

https://mobilityexchange.mercer.com/...iving-rankings

https://www.mercer.com/newsroom/merc...ng-abroad.html
Reply With Quote
  #2  
Old 27.06.2019, 09:17
grumpygrapefruit's Avatar
Forum Legend
 
Join Date: Feb 2007
Location: London
Posts: 6,415
Groaned at 38 Times in 37 Posts
Thanked 17,718 Times in 4,533 Posts
grumpygrapefruit has a reputation beyond reputegrumpygrapefruit has a reputation beyond reputegrumpygrapefruit has a reputation beyond reputegrumpygrapefruit has a reputation beyond reputegrumpygrapefruit has a reputation beyond reputegrumpygrapefruit has a reputation beyond repute
Re: Mercer's Cost of Living City Ranking 2019

Like most of these surveys, it doesn't look like they take into account average incomes. If they did, it's pretty clear Zürich would be lower and London would be higher in that list, and I'm sure many others would be in different positions too.
Reply With Quote
  #3  
Old 27.06.2019, 10:01
Caleb's Avatar
Forum Veteran
 
Join Date: Jul 2006
Location: Zürich
Posts: 1,236
Groaned at 14 Times in 12 Posts
Thanked 2,308 Times in 867 Posts
Caleb has a reputation beyond reputeCaleb has a reputation beyond reputeCaleb has a reputation beyond reputeCaleb has a reputation beyond reputeCaleb has a reputation beyond reputeCaleb has a reputation beyond repute
Re: Mercer's Cost of Living City Ranking 2019

Quote:
View Post
Like most of these surveys, it doesn't look like they take into account average incomes. If they did, it's pretty clear Zürich would be lower and London would be higher in that list, and I'm sure many others would be in different positions too.
I don't know, if that was the case Leipzig wouldn't be 156 and Havana 133. I seriously doubt they don't take local average income into consideration to calculate affordability.
Reply With Quote
  #4  
Old 27.06.2019, 10:54
Treverus's Avatar
Forum Legend
 
Join Date: Dec 2007
Location: Work in ZH, live in SZ
Posts: 12,575
Groaned at 370 Times in 300 Posts
Thanked 24,164 Times in 8,743 Posts
Treverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond repute
Re: Mercer's Cost of Living City Ranking 2019

Quote:
View Post
I seriously doubt they don't take local average income into consideration to calculate affordability.
Thats not how this survey works.
a) they define a "shopping basket" which details their idea of the standard life of an international expat.
b) they check how much that very same life style costs in different places.

I give a simple example: The reason some Asian cities are really high up in that list is that living in a megacity in Asia is simply a completely different life style. That shopping basket typically includes a medium sized family car. Guess what: those are for good reasons very expensive in some crowded cities. A Merc C200 estate costs you some 200k CHF. That screws up your statistic a lot. Same goes for that global default 100 sqm flat... thats an expensive luxury in places like Hong Kong.

The reason some bizarre African oil towns show up in the list is because everything in that said shopping basket will be imported, heavily taxed and generally hard to come by and therefore expensive.

All in all a useless piece of information but we end up discussing it every year again.
Reply With Quote
The following 6 users would like to thank Treverus for this useful post:
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Mercer has released the 2012 Quality of Living Rankings cdcdoc Swiss politics/news 103 21.12.2012 21:59
Mercer has released the 2011 Quality of Living Rankings cdcdoc Swiss politics/news 23 30.11.2011 15:30
Find - Mercer's Cost of Living report for Geneva - free access lilith Daily life 0 02.02.2011 10:40
Zurich and Geneva cost of living mercer raport update juice99 Swiss politics/news 14 21.07.2009 13:53


All times are GMT +2. The time now is 05:57.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0