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    Riga the most expensive city in the Baltics - Mercer study
    2004.06.14 , LETA-ELTA

    According to a Mercer Human Resource Consulting research study, life is more expensive in Riga than in Tallinn and Vilnius.

    Riga is in 48th position in the world as far as the cost of living is concerned, the study of cost of living in 144 cities indicates. Tallinn is in the 60th position on the list, Vilnius is 91st,

    "Aripaev Online" reports.

    The world's most expensive cities are Tokyo, London, Moscow, Osaka and Hong Kong. Paraguay's Asuncion is last on the list.

    Geneva, Copenhagen and Zurich are the most expensive cities in Europe, they are, respectively, sixth, eighth and ninth on the list, whereas Bucharest is Europe's cheapest city.

    The survey measures the comparative cost of 200 items in each city, including housing, food, clothing, entertainment and transport.

    Using New York as a base city with a nominal score of 100, Tokyo scored 130.7, London 119 and Asuncion just 36.5. Riga's index was 83.3.


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