Cheapest Cities Revealed – Most Expensive And Cheapest Gym Memberships Revealed

Cheapest Cities Revealed – Most Expensive And Cheapest Gym Memberships Revealed

Now, more than ever, it seems that people want to move to big cities to fulfil a life-long dream, find a job or simply settle down in the urban metropolis they’ve always desired. However, making a final choice on which of the many popular destinations on the globe to commit to can be difficult at best – now, a simple yet informative resource can finally put these queries to rest.

Using its expertise in prime Central London property – as well as its understanding of the global real estate market – Residential Land has created a beautiful interactive chart that helps users directly compare core markets against each other, presenting the highs and lows of cost between each of these perfectly viable places to live.

Among the cities studied were the European destinations of London, Berlin, Paris, Prague, Madrid, Barcelona, Rome and Dublin, as well as Dubai, Beijing, Delhi, New York City and Sydney – all popular destinations with those heading out of the UK to make big changes in their lives. However, choosing one over the other without looking into the financial elements of this move could mean more to a person’s hard-earned money than they may think.


Dividing key purchases into 15 different categories, Residential Land discovered some interesting trends. Here are ten of the many interesting conclusions that have been drawn from the company’s research:

• Delhi is the cheapest place to get ten items on the list, including a meal for two, an internet connection, property to rent or buy, jeans, and cigarettes.
• The most expensive places vary wildly from category to category, with nine cities finishing ahead of competitors at least once: London, Sydney, Tokyo, Madrid, Beijing, Dublin, Dubai, Rome and New York City.
• Meanwhile, three of these were also the cheapest in other categories: technology leader Tokyo (the iPad); automotive manufacturer Berlin (car ownership, as well as bottles of wine) and the oil-rich Dubai (petrol).
• It is over 11 times cheaper to rent a one-bed apartment in Delhi (£142.39) than it is in New York City (£1,606.47), and ten times cheaper than it is in London (£1,401.58).
• A pair of flagship Levi 501 jeans is second-cheapest in their home nation of the US, costing just £32.44 in New York City.
• In Europe, Prague is the cheapest place to get a meal for two, and by quite a way: at only £20.41, second-placed Berlin is nearly £10 more expensive at £29.87. Top-of-the-table Dublin costs £53.53 to feed two at the average restaurant.
• Wine fans may think Paris will be the cheapest place for vino, but Berlin’s average price of £3.36 is the cheapest in Europe; Prague (£3.69), Barcelona (£3.73), Madrid (£3.79) and Rome (£4.20) were still cheaper than the city of love (£4.91).
• You may also think Berlin, with all its breweries, may be the cheapest for imported overseas beer – however, at £1.25, Prague is cheaper than its German counterpart if you want a taste of home – or another country, for that matter.
• Meanwhile, true to form, cappuccinos are cheapest in Europe in Rome (£1); Delhi is still marginally cheaper (81p), with Prague third (£1.31).
• To travel one kilometre in a taxi in London costs £2.73; you would pay below an eighth of that in Dubai (34p), Beijing (20p) and Delhi (16p).

Louise Savage, Sales & Marketing Director at Residential Land, said: “Some of the findings are quite extraordinary, while others will not be too shocking. Nonetheless, we designed this simple and attractive interactive resource as a truly clear way to understand just how different these places are in terms of quality of life when measured against overall cost.

It is positive to see the cost of living in London fares comparatively well against other top cities. Whilst London may be the most expensive place to hail a taxi, it’s worth remembering there’s a great public transport system. As London property specialists we are obviously biased, but we feel living in the UK capital can’t be beaten – Londoners can enjoy a high quality of life, world-class restaurants, luxury shopping, beautiful parks and historic theatres.

London is also still very much a safe haven for international businesses, with Prime London property proving to be a stable market for investors from around the globe.”

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