Welcome, Guest. Please login or register.

Login with username, password and session length

 
Advanced search

9182 Posts in 2295 Topics- by 184 Members - Latest Member: benjonesaa

December 18, 2014, 05:21:56 PM
HireScores.com Recruitment ForumForum CommunityGeneral stuff (Moderators: HireScores.com admin, HireScoresMark)London 15th Most Expensive City
Pages: [1] 2
Send this topicPrint
Author Topic: London 15th Most Expensive City  (Read 3226 times)
forum admin
Administrator
somewhat obsessed
*****
Posts: 1153


« on: July 11, 2011, 01:58:43 AM »

I just saw this and thought it may provoke a little discussion.

Some friends of mine are in the process of moving back to Nottingham from London because it's just too expensive.

Are many people here from London?
----------------------------------
The most recent ‘Worldwide Cost of Living Report’ carried out by the Economist Intelligence Unit (EIU) has ranked London as the 15th most expensive city in the world.

Rising costs and a stronger pound are to blame along with ‘sin-taxes’ on alcohol and cigarettes, where increases in prices as high as 50% have been recorded in the last five years.

The price of a loaf of bread has almost tripled in the same five-year period, with a 1kg loaf costing £1.44 on average, compared to 55p in 2006.

Jon Copestake, economist at the EIU, said: “Normally, with the economic downturn and austerity measures in place, weak consumer demand will dampen price movement. However, we are still seeing inflation from rising commodity prices and other measures like increased VAT feeding through into the shopping basket of consumers.”

The survey examined 400 individual prices in 140 cities across 93 countries and ranked Tokyo, Japan as the most expensive city to live in and Karachi, Pakistan as the cheapest.

Source: Recruiter
« Last Edit: July 11, 2011, 02:00:33 AM by forum admin » Report to moderator   Logged

Malcolm
having fun
****
Posts: 413


« Reply #1 on: July 12, 2011, 03:15:17 PM »

Personally I like London to visit but could never live there.
Report to moderator   Logged
Bob
somewhat obsessed
*****
Posts: 850


« Reply #2 on: July 12, 2011, 11:27:16 PM »

I'm with you on that. I have no idea how normal people manage to live there. Maybe on the outskirts it's cheaper than the centre?
Report to moderator   Logged
Gota
having fun
****
Posts: 362


« Reply #3 on: July 13, 2011, 10:27:30 PM »

On the whole salaries in London are greater to reflect the fact that it costs more to live there. I never have but would love to.
Report to moderator   Logged
Robin Tetley
Administrator
somewhat obsessed
*****
Posts: 1322


WWW
« Reply #4 on: July 14, 2011, 04:03:21 PM »

I've been to New York a couple of times and on the whole it's pretty normal in the suburban areas to live. I don't think this is the same in London. I could be wrong. What I mean is you don't have to be well paid to live in Brooklyn (certain parts of Brooklyn) where as my friends did have to be well paid to live in Barking.
Report to moderator   Logged

Gota
having fun
****
Posts: 362


« Reply #5 on: July 18, 2011, 11:02:38 PM »

Perhaps it's different and salaries are fairer across the board so it's easier for the less wealthy to live there. NY that is.
Report to moderator   Logged
Jasper9
having fun
****
Posts: 457


New Homes and Building Expert


WWW
« Reply #6 on: July 19, 2011, 01:17:57 PM »

You cant pay someone minimum wage then expect them to afford rents/property prices in London.
Buy Westminster has the LOWEST Council Tax rates in the UK  (because they make so much from parking charges and fines - TRUE!)

London is looking great now it is being modernised.  Some great buildings going up.
No cheap Sh*t holes to live in now even east end is expensive due to the Olympics.
Elephant & Castle and Hillingdon and Hounslow may still be cheap ish.
Report to moderator   Logged
Robin Tetley
Administrator
somewhat obsessed
*****
Posts: 1322


WWW
« Reply #7 on: July 19, 2011, 11:04:50 PM »

But wages in London are proportionality higher because of this aren't they?

I think that's what someone said.
Report to moderator   Logged

Malcolm
having fun
****
Posts: 413


« Reply #8 on: July 20, 2011, 07:53:56 PM »

Depends on the profession. I imagine people that work in fast food restaurants are on the same minimum wage as someone living in Hull for example.
Report to moderator   Logged
Bob
somewhat obsessed
*****
Posts: 850


« Reply #9 on: July 20, 2011, 09:36:29 PM »

I dunno I reckon they should get more to cover expensive living costs.
Report to moderator   Logged
Robin Tetley
Administrator
somewhat obsessed
*****
Posts: 1322


WWW
« Reply #10 on: July 25, 2011, 11:54:51 PM »

I'm sure across the board people do. I have friends who confirm this.
Report to moderator   Logged

Malcolm
having fun
****
Posts: 413


« Reply #11 on: July 26, 2011, 04:24:54 PM »

What profession are they in if you don't mind me asking?
Report to moderator   Logged
Robin Tetley
Administrator
somewhat obsessed
*****
Posts: 1322


WWW
« Reply #12 on: August 02, 2011, 01:51:46 AM »

One's a teacher and one a teaching assistant but they've now moved back home. Partly I think because of how expensive London is.
Report to moderator   Logged

Jonathan
having fun
****
Posts: 402


« Reply #13 on: August 04, 2011, 10:59:08 PM »

I think people only live there that have to or people that are very rich.
Report to moderator   Logged
Robin Tetley
Administrator
somewhat obsessed
*****
Posts: 1322


WWW
« Reply #14 on: August 08, 2011, 11:42:09 PM »

I'm pretty sure people are paid more who have to live and work in London. I'm pretty sure that's the case.
Report to moderator   Logged

Pages: [1] 2
Send this topicPrint
Jump to:  


Find out more about hirescores recruitment scoring
Theme orange-lt created by panic customised by creospace