Toronto is town with the very best price of residing in Canada for the second 12 months in a row, in keeping with Mercer’s annual rankings launched Thursday.
Of the 227 cities on 5 continents that had been ranked, Queen Metropolis ranked ninetiethH World rating, down one place from final 12 months.
Vancouver is the second most costly metropolis within the nation and dropped eight locations to 116th within the rating.
Montreal and Ottawa ranked one hundred and thirty fifth and 137th, respectively, down ten and 5 locations in a single 12 months, and Calgary, Canada’s least costly metropolis, fell 4 locations to 145th.H rank.
Mercer’s annual survey counts 227 cities around the globe and compares costs for greater than 200 services and products, similar to housing, transportation, meals, and clothes.
Canadian cities, the most affordable in North America
Canadian cities stay the least costly in North America, in keeping with the rating, all down from final 12 months.
The costliest metropolis in North America is New York (sixth globally), adopted by Los Angeles (eleventh) and San Francisco (14th). All US cities additionally gained floor since final 12 months, notably Detroit (+27) and Houston and Cleveland (+24 every).
Different costly cities in Europe embrace London (seventeenth on the planet), Vienna (twenty fifth), Amsterdam (twenty eighth), Prague (thirty third) (which has climbed 27 locations on the planet rating since final 12 months) and Helsinki (thirty fourth).
High 10 most costly cities on the planet in 2023
1- Hong Kong
3 – Zurich (Switzerland)
4 – Geneva (Switzerland)
5 – Basel (Switzerland)
6- New York (USA)
7. Bern (Switzerland)
8- Tel Aviv (Israel)
9 – Copenhagen (Denmark)
10 – Nassau (Bahamas)
The ten most cost-effective cities on the planet in 2023
218 – Tashkent (Uzbekistan)
219- Tunis (Tunisia).
220 – Durban (South Africa)
221 – Ankara (South Africa)
222 – Windhoek (Namibia).
223 – Dushanbe (Tajikistan)
224 – Bishkek (Kyrgyzstan)
225 – Havana (Cuba)
226 – Karachi (Pakistan)
227 – Islamabad (Pakistan)