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Copenhagen No Longer In Top 10 Most Expensive Cities

Copenhagen is no longer ranked among the top ten most expensive cities worldwide in the Mercer Human Resource Consulting’s annual Cost of Living Survey

Denmark’s capital has dropped down the rankings to 17th spot. This lower rank is primarily due to the fact that other nations are experiencing stronger currencies. Rio de Janeiro in Brazil has moved up 17 places and several cities in Australia have moved up to 40 places higher than their 2010 ranking.

Looking specifically at the index for the Nordic countries, Oslo is now once again placed higher than Copenhagen at number 15, but what is exceedingly remarkable is the jump that Stockholm has taken from 76th the previous year to 39th this year. Once again this is mainly due to the strengthening of the Swedish krona.

Mercer’s Cost of Living covers 214 cities on five continents. The survey compares the cost of real estate, transport, food, clothing, domestic goods and entertainment.

 

Photo: Cees van Roeden/Wonderful Copenhagen