World Monitor Magazine, Business and Investments WM_march 2019_web - Page 54

Life style The fish is looking for where it is deeper, and the man – where it is better Legend Legend cost of living index including rent local purchasing power index no data less than 20 20-25 25-30 30-40 40-50 50-60 60-80 80 and more less than 10 10-30 30-50 50-70 70-90 90-110 110-130 130 and more * Cost of Living Index reflects the relative cost of goods in grocery stores, visits to res- taurants, use of transport and payment of utility services. ** Local purchasing power shows the relative purchas- ing power when purchasing goods and services in a given city for the average salary of residents. Index 40, for exam- ple, means that residents can afford an average of 60% less goods and services than New Yorkers. Source: Numbeo. 52 world monitor Basel is the most expensive city in the world