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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.
Data source: UBS Prices and Earnings Survey 2018 Follow @City_Mayors |