Prague is more expensive than Miami

Mercer Human Resource Consulting published another annual Cost of Living Survey showing the most and the least expensive cities in the world. New York is the base city scoring 100 points, more expensive cities are ranked higher, less expensive cities got lower number. The survey compares cost of over 200 items, such as housing, food, transport, clothing, etc.

The most expensive city (out of 143 cities) remains Moscow (134.4p), London (126.3p) is in second position followed by Seoul (122.4p) and Tokyo (122.1). The less expensive city ranked in this survey is Asuncion (50p) in Paraguay.

Prague (85.6p) moved, thanks to strengthening of the Czech crown, to 49th position from the 50th in 2006. Our east neighbour Slovakia (89.2) climbed 17 places to 31st position. Such cities as Washington, Miami, Chicago, Zagreb, Budapest, Warsaw or Lisbon ranked even lower than Prague. Read more about the survey here.

Olea Hotel, Prague

3-star hotel situated in the quiet residential quarter of Vinohrady. Learn more!

U Laury Pension

Pension is situated in Nerudova Street on the Royal Road. Offers of apartments and rooms.