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Paris punishes the purse strings

Geoff Riley

12th March 2010

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Paris comes out on top of the world’s most expensive cities according to the new survey from the Economist - available here - The survey assesses the cost of living by comparing housing, food, clothing, transport and utility bills and the like in 132 cities around the world. This is a super chart to use when teaching about purchasing power parity adjustments when comparing and contrasting living standards between countries!

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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