Chicago Tribune: Chicago named 7th most expensive city in World

UBS released a report this week; Chicago #7 most expensive!  The report reviews cities based on a list of 122 goods and services…we are more expensive than Tokyo!  Good thing we are #10 in high wages……Chicago #7

Chicago named 7th most expensive city — in the world – Chicago Tribune

September 18th,2015  Chicago Tribune  Article by Corilyn Shropshire   Photo by Antonio Perez

Hey, Chicago. It’s cheaper to live in Tokyo.

Or so says a report released this week by UBS that lists Chicago as the 7th most expensive city, behind top-ranked, super-pricey Swiss towns Zurich and Geneva.

Other cities ranked as more expensive than Chicago are, in order, New York City; Oslo, Norway; Copenhagen, Denmark; and London. Tokyo was listed No. 8, followed by Auckland, New Zealand, and Sydney.

Published every three years, the report ranked the cities based on the cost of goods and services. It also ranked cities including and excluding the cost of rent. In both comparisons, Chicago, where a three-person family on average spends about $2,792 monthly on goods and services, held steady at No. 7. In New York City, spending $3,342 monthly (excluding rent) is the average.    continued

 

Source: Chicago named 7th most expensive city — in the world – Chicago Tribune