According to the Economist Intelligence Unit, these are the priciest places to live.
In Canada, home prices are soaring, and so are staples like coffee, too. Add it all up and Canadians are now carrying the largest amount of personal debt in the country's history.
But much as we love to gripe about the cost of a Vancouver condo or overnight parking in Toronto, even Canada's most expensive towns hardly compare to the priciest in the world. With data from the Economist Intelligence Unit, which surveyed the costs of 160 products and services* in 131 of the world's biggest cities, here are the 10 most expensive cities on earth.
* Products and services include food and drink, clothing, household supplies, personal care items, housing rental prices, transportation, utilities, private schools, domestic help and recreational costs.
** All figures in USD.
March 6 (Bloomberg) -- Bloomberg's Julie Hyman reports on Gap's February retail sales. She speaks on Bloomberg Television's "Street Smart." (Source: Bl... More March 6 (Bloomberg) -- Bloomberg's Julie Hyman reports on Gap's February retail sales. She speaks on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Date 10 hrs ago, Duration 1:19, Views 314
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Is now a good time to buy a house?
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- Yes, prices will continue to rise.
- No, Canada is facing a housing bubble and prices will eventually fall.
- I don't know.