Ranking of the most expensive and cheapest cities in the world: where is Buenos Aires located?

March 20, 2019

The order published by The Economist in Singapore, Paris and Hong Kong as the most expensive to live. The capital of our country has undergone a sharp change from 2018.

Live in Buenos Aires it's expensive. Devaluation, inflation, wage delays and constant tax pressure make it economically difficult for Argentines to live in the country's capital.

A study that published L & # 39; economist marked what are the cities that spend more generate for living and who less money spent and the national metropolis there was a sudden change compared to 2017.

The ranking is directed Singapore, in Singapore, Paris, in France and Hong Kong, in China. At the bottom of this table you can find, from last position to last third, Caracas, in Venezuela, Damascusin Syria and Tashkent, in Uzbekistan.

A titanic trip: they will bring an urn into the Himalayas so that only one person can vote

In the towns More expensive to live, the common denominator is that the quality of public services is high and they have wide access to different goods. All this is encouraged by the fact that per capita income is higher.

Conversely, in the lowest costs, everything costs less, but at the same time, alternatives and amenities to enjoy a quality of life of a certain level s & # 39; 39; collapse.

In this scale, the city of Buenos Aires surprised by its sudden drop and appeared in eighth place among the cheapest to live, although the index is perhaps more favorable to tourists.

If you take into account the cost of living in dollars, the capital of the Argentina It does not stand out for being economical. Moreover, it is one of the most expensive in Latin America. However, due to the sharp devaluation, its position in the rankings collapsed and he rose from position 77 in 2017 to 125, with a cost of living 59% less than New York.