Rents help make Dublin not so dear

[Wakeupcall]

A new survey has shown that Dublin has dropped out of the top 20 most expensive cities in the world, due to lower rents and the euro's fall against the US dollar.

The cost of living survey for 2009, carried out by consultants Mercer, puts Dublin as the 25th most expensive of the 143 cities covered. This compares with 16th last year.

Tokyo has knocked Moscow off the top spot. The Russian capital is third, after Osaka in Japan. Geneva is fourth and Hong Kong fifth.

Mercer's Noel O'Connor said the fall in the value of the euro and sterling against the dollar had caused many European cities to drop sharply in the rankings.

The survey, carried out in March this year, measures the cost of more than 200 items in each location. These include housing, transport, food, clothes, household goods and entertainment. The figures are used by multi-national companies to determine allowances for their employees working in various countries.

Top 20 (2009 2008)

1 2 Tokyo Japan
2 11 Osaka Japan
3 1 Moscow Russia
4 8 Geneva Switzerland
5 6 Hong Kong Hong Kong
6 9 Zurich Switzerland
7 7 Copenhagen Denmark
8 22 New York City US
9 20 Beijing China
10 13 Singapore Singapore
11 10 Milan Italy
12 24 Shanghai China
13 12 Paris France
14 4 Oslo Norway
15 89 Caracas Venezuela
16 3 London UK
17 14 Tel Aviv Israel
18 16 Rome Italy
19 21 Helsinki Finland
20 52 Dubai UAE

25 16 Dublin Ireland

Source: RTE

[Munion]

We demand a recount!

According to the TEEU the cost of living is increasing and not decreasing?!

[Factorem]

Rents are still a rip-off. But sure what does one expect when the landed elite of Leinster House (and their buddies) are nothing but parasites on the economy and whose idea of a productive day's work is driving around collecting rent money.

[cd27]

We demand a recount!

According to the TEEU the cost of living is increasing and not decreasing?!

and gravity doesn't exist