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25 june 2007
Study: Kyiv still expensive city

Ukraine’s capital ranks the 28th most expensive city for expatriate workers, according to the latest Worldwide Cost of Living Survey conducted by Mercer Human Resource Consulting LLC, a worldwide consultancy headquartered in New York City. Yet the quality of living in Kyiv remains relatively low, according to the consultancy.

The consulting company announced the results of the survey June 18. The survey itself was conducted in March 2007 and was based on a similar survey conducted in March 2006.

The public survey covers 143 cities on six continents and measures the comparative cost of over 200 items in each location. Yet his company actually analyzes hundreds of cities for clients. The items prices measured by the survey made public this month include housing (rental cost), food, clothing, public and private transportation, sports, leisure and entertainment, domestic supplies, home appliances and personal care products.

The base location, against each all other cities covered by the research are compared, is New York. Its cost of living index is set at 100 points.

In this year’s study, Kyiv dropped seven places, from 21st place last year. However, these results don’t mean that Kyiv became less expensive for expatriates living and working in the city, but merely less expansive than other cities.

 

Cost of Living Survey – Worldwide Ranking 2007

(including housing)

 

Rankings

City

COL Index

1

Moscow

134.4

2

London

126.3

3

Seoul

122.4

4

Tokyo

122.1

5

Hong Kong

119.4

28

Kyiv

91.4

39

Munich

87.6

40

Frankfurt

87.4

45

Berlin

85.9

45

Dusseldorf

85.9

 

 

http://kyivpost.com/ 


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