News of: Monday, June 26 2006,

Amsterdam 17 places lower in Cost of Living Survey

Amsterdam has gone from 24 to 41 on the list of most expensive cities in the world, according to the Cost of Living Survey by Mercer Human Resource Consulting.

Mercer investigated 144 cities worldwide. Moscow, Seoul and Tokyo top the list, New York is number 10 (together with Oslo).

Within the countries that use the Euro as currency, Amsterdam has now become the cheapest city. In Europe as a whole, only Prague (Czechia) and Bratislava (Slovakia) are cheaper.

In the survey Mercer compares more than 200 different items to advise its customers about benefits for employees who work in these cities.