Vancouver more expensive than Manhattan: study

For the second year in a row, Vancouver has the dubious honour of being ranked as the most expensive city in North America in terms ...

For the second year in a row, Vancouver has the dubious honour of being ranked as the most expensive city in North America in terms of cost of goods and services, according to a new ECA International report.

Of the top 50 most expensive cities, four are in Canada and only three are in the U.S.

The most expensive North American cities are:

  • Vancouver: overall number 35 (last year: 43);
  • Manhattan: 36 (last year: 46);
  • Ottawa: 37 (last year: 50);
  • Toronto: 40 (last year: 57);
  • Montreal: 43 (last year: 63);
  • New York: 49 (last year: 79); and
  • Honolulu: 50 (last year: 74).

The most expensive cities in the world are Tokyo, Japan; Nagoya, Japan and Oslo, Norway.

ECA carries out its cost of living survey twice a year and compares cities by looking at the cost of a basket of commonly purchased goods and services. The survey does not include accommodation rental or real estate, utilities, car purchases or school fees.

The complete survey can be read here.

ecrawford@biv.com

@EmmaCrawfordBIV

comments powered by Disqus

Also Read

More From Economy

After sifting through 460 nominations from across the province, the Small Business BC awards has culled its list of semi-finalists down to just 10 in ...

Read Article

It’s that time of year again -- Christmas time. You may have noticed.

Read Article

The outlook for commodity prices for British Columbia companies in 2015 is a mixed bag that includes... 

Read Article

Consumer prices were up 1.2% in British Columbia year-over-year to November, which is slightly higher than...

Read Article

Manufacturing sales in British Columbia jumped 7.9% in the 12 months to October...

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
×