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Tuesday, February 16, 2010

You Think London is Expensive?

Reading in the Economist last night, I discovered that the most expensive city in the world is Luanda, in Angola.

Bit of a surprise as I expected it to be Tokyo.

Anyway of more interest:

A meal $100
Hotel room $500-$600
Car & driver hire for a day $500
Monthly rent on poor to average 2-bedroom flat $7,000 or decent flat $15,000

60% of the population live on less than $2 a day.

London wasn't even in the top 30 - the year before it was in the top 10.