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Weigookin74
Joined: 26 Oct 2009
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edwardcatflap
Joined: 22 Mar 2009
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Posted: Sat Mar 12, 2016 11:39 pm Post subject: Re: World's most expensive cities? |
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I guess it all depends on their criteria. I think that survey just concentrated on things you can buy, not services. If they took taxis, the subway and the average cost of a hotel room into account, Tokyo would obviously beat Seoul. However, I found groceries cheaper in Tokyo |
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schwa
Joined: 18 Jan 2003 Location: Yap
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Posted: Sun Mar 13, 2016 12:23 am Post subject: |
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Those surveys are always based on executive class US-style living. |
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World Traveler
Joined: 29 May 2009
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Posted: Sun Mar 13, 2016 4:03 am Post subject: |
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Cost of a round of golf... |
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SeoulNate

Joined: 04 Jun 2010 Location: Hyehwa
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Posted: Tue Mar 15, 2016 5:44 pm Post subject: |
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Usually in those things a few things are pretty heavily weighed, but they are not totally upfront on their method of calculating statistics, so it is hard to tell.
At any rate, home price based on size usually weighs heavily, and in that regard Seoul is likely one of the top 2 or 3.
Also tax on goods is important as well. We pay huge taxes on almost everything that we buy here (all included in the final sale price).
Just those two things alone could bump Seoul up far more than it seems. |
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