How Much London Costs
The human resources consultants Mercer have released an annual list (at least I think it's annual) of the most expensive cities to live in worldwide. London fell one place to number three, after Moscow and Tokyo. Washington, D.C., tumbled a long way, to 107 from 85. One city whose ranking I don't quite understand is Houston, still up at 98 (but down from 83). I'm familiar with the relative real estate prices in those two metro areas (Washington vs. Houston) and I find it hard to believe, unless somehow the cost of gasoline has made it much more costly to live in Houston these days. I'm left here scratching my head.
Labels: expatriate life, London life
posted by Smitty Werbenmanjensen at 4:50 PM
3 Comments:
Remember that, while Texas has no income tax, the property taxes are pretty high. Maybe that has something to do with it.
I know a number of people who have transferred from the Houston area to the D.C. area and all of them complain about how much more expensive it is to live in D.C.!
I heard today that one of the reasons Houston is considered expensive is because of a longer than average commute and no reliable mass transportation. So, considering I only drive 7 miles to work and thus my commute is short, Houston remains an economical spot for me!
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