The citizens of Sydney enjoy the second-highest purchasing power in the world



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UBS: Most expensive and richest cities

ECA: Most expensive cities
EIU: Most expensive cities
Mercer: Most expensive cities
Global Cities Index
World's top cities
World's richest cities (GDP)
Richest cities (earnings)
Most powerful cities
World's best financial cities
Europe's top city brands
European growth cities 2009
Real estate USA
Real estate Europe
European business cities
Best world cities to live in
World's largest cities
and their mayors 2010



Worldwide | Elections | North America | Latin America | Europe | Asia | Africa |




























The most expensive and
richest cities in the world

A report by UBS

15 September 2012: Comparing domestic prices for a universal basket of goods against corresponding domestic wages allowed the UBS researchers to examine the difference in relative purchasing power. Therefore people working in Zurich can domestically afford the most in relation to other cities in the survey.

How much a wage is actually worth is best described by comparing purchasing power in relation to goods that are as homogenous as possible around the globe. Thus, in Tokyo it takes nine minutes of work to earn enough to buy a Big Mac, while in Nairobi it takes 81 minutes. Workers in Zurich can buy an iPhone after 22 hours work; in Manila, by contrast, it takes around 20 times longer.

Ranking: The richest cities in the world
(By domestic purchasing power)
Rank 2012
Rank 2011
Cities
1
1
Zurich
2
2
Sydney
3
3
Luxembourg
4
7
Geneva
5
10
Nicosia
6
5
Los Angeles
7
4
Miami
8
6
Dublin
9
9
Chicago
10
8
New York City
11
12
Berlin
12
17
Copenhagen
13
15
Toronto
14
19
Frankfurt
15
18
Amsterdam
16
20
Munich
17
28
Paris
18
24
Vienna
19
16
London
20
14
Helsinki
21
21
Stockholm
22
26
Oslo
23
25
Madrid
24
23
Tokyo
25
30
Auckland
26
22
Lyon
27
32
Dubai
28
11
Montreal
29
29
Barcelona
30
13
Brussels
31
27
Milan
32
38
Johannesburg
33
42
Seoul
34
36
Manama
35
40
Hong Kong
36
31
Lisbon
37
33
Taipei
38
41
Rome
39
35
Athens
40
34
Tel Aviv
41
37
Moscow
42
51
Bratislava
43
39
Ljubljana
44
45
Doha
45
44
Sao Paulo
46
43
Tallinn
47
46
Prague
48
53
Buenos Aires
49
55
Lima
50
48
Rio de Janeiro
51
49
Kuala Lumpur
52
54
Vilnius
53
50
Bogota
54
52
Warsaw
55
56
Santiago de Chile
56
59
Istanbul
57
57
Riga
58
61
Shanghai
59
58
Bucharest
60
64
Sofia
61
60
Budapest
62
66
Bangkok
63
63
Beijing
64
70
Mexico City
65
65
Cairo
66
69
Mumbai
67
62
Caracas
68
67
Delhi
69
68
Kiev
70
72
Nairobi
71
71
Manila
72
73
Jakarta

UBS survey: Introduction | The most expensive cities | The richest cities (personal earnings) | Richest cities (purchasing power) | The iPod index |



Related research
THE MOST EXPENSIVE AND RICHEST CITIES IN THE WORLD

UBS survey (2012): Most expensiv and richeste cities (Intro) | World's most expensive cities (table) | Richest cities by personal earnings (table) | Richest cities by purchasing power (table | The iPod index |

ECA International survey (2011): Introduction | Table: World | Table: Europe | Table: Asia |

Mercer survey (2012): Most expensive cities

EIU survey (2012): Most expensive cities

RICHEST CITIES BY GDP
Introduction | 150 richest cities in 2005 | 150 richest cities in 2020 | Europe's richest cities |

THE LARGEST CITIES IN THE WORLD AND THEIR MAYORS 2011
Introduction
Cities by size: 1 to 150 | 151 to 300 | 301 to 450 | 451 to 550 |
Cities in alphabetical order: A to D | E to L | M to R | S to Z |
Cities by countries: A to D | E to L | M to R | S to Z |





If you think your mayor is among the best in the world, nominate him or her now for the 2014 World Mayor Prize


World Mayor 2014:
Best mayors wanted

The City Mayors Foundation invites you to nominate a candidate for the 2014 World Mayor Prize. The Prize is awarded every two years to a mayor who has made outstanding contributions to his / her community and has developed a vision for urban living and working that is relevant to towns and cities across the world.

Previous winners and runners-up include the mayors of Bilbao, Perth, Mexico City, Oklahoma City, Cape Town, Zurich, Melbourne, Amsterdam, Athens, Mississauga and Tirana. The World Mayor Project aims to show what outstanding mayors can achieve and raise their profiles nationally and internationally.

During the first round, suitable candidates may be suggested until the middle of May 2014. A shortlist of 25 nominees will be announced in June.

Please nominate your candidate for World Mayor 2014 now.