Most powerful cities
Research by UBS; Review by City Mayors


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Los Angeles, Zurich and Miami
have strongest purchasing power

June 2018: Los Angeles is ranked first in the purchasing power index due to a combination of high average earnings and relatively low prices. The same applies to Miami, while the Swiss cities of Zurich and Geneva are ranked in the top-5 because of high average earnings, which compensate high prices. Apart from Luxembourg no other European city makes the top-ten in the UBS purchasing power index. Munich is placed 11th, Frankfurt 12th, Berlin 15th and Vienna 16th. Due to relatively high prices, London is ranked below such cities as Dublin, Tokyo and Stockholm.

Rank
(Purchasing Power)
Cities
Rank
(Earnings)
Rank
(Prices)
1
Los Angeles
4
20
2
Zurich
2
1
3
Miami
8
25
4
Geneva
1
2
5
Luxembourg
3
15
6
Chicago
10
9
7
Toronto
11
29
8
Manama
35
39
9
Hong Kong
29
33
10
New York
7
5
11
Munich
12
23
12
Frankfurt
14
27
13
Sydney
16
11
14
Dubai
36
36
15
Berlin
18
30
16
Vienna
9
22
17
Dublin
19
17
18
Montreal
15
26
19
Doha
41
49
20
Tokyo
17
6
21
Auckland
25
13
22
Stockholm
13
14
23
London
24
8
24
Riyadh
39
60
25
Nicosia
34
38
26
Taipei
33
32
27
Oslo
6
3
28
Tel Aviv
32
19
29
Lyon
26
31
30
Copenhagen
5
4
31
Helsinki
20
10
32
Amsterdam
21
24
33
Paris
23
12
34
Barcelona
30
40
35
Rome
22
28
36
Madrid
31
34
37
Milan
27
7
38
Seoul
38
16
39
Santiago de Chile
45
48
40
São Paulo
43
52
41
Brussels
28
18
42
Ljubljana
37
43
43
Johannesburg
51
53
44
Tallinn
42
41
45
Hanoi
65
71
46
Rio de Janeiro
50
56
47
Warsaw
46
63
48
Lisbon
40
42
49
Kuala Lumpur
56
59
50
Bangkok
61
55
51
Panama City
48
21
52
Vilnius
53
57
53
Athens
44
37
54
Prague
47
50
55
Lima
59
61
56
Sofia
64
70
57
Bogotá
68
65
58
Bratislava
54
44
59
Moscow
63
54
60
Manila
69
74
61
Shanghai
58
47
62
Beijing
62
46
63
Budapest
57
64
64
Riga
60
58
65
Buenos Aires
52
45
66
Istanbul
67
67
67
Bucharest
55
66
68
St Petersburg
66
51
69
Zagreb
49
35
70
Mexico City
72
69
71
Mumbai
76
72
72
Nairobi
70
68
73
New Delhi
75
73
74
Kiev
73
75
75
Jakarta
74
62
76
Cairo
77
77
77
Lagos
71
76

Data source: UBS Prices and Earnings Survey 2018