Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

London no longer a world 'expensive' city

|
|
 
  
The face of clock Big Ben is seen on the eve of its 150th birthday in London on May 30, 2009. Big Ben is the biggest chiming clock tower in the world and its bong measures 118 decibels. The minute hand is 14ft long (4.672m) and the hour hand 9ft long (2.7432M). It is wound up by hand three times a week. (UPI Photo/Hugo Philpott) 
Published: Dec. 4, 2009 at 11:47 AM

LONDON, Dec. 4 (UPI) -- London is no longer considered one of the world's most expensive cities to shop in due to falling prices in Britain, an annual report has found.

London has dropped to 20th place behind Lisbon, Portugal, in a global study of the retail price of popular consumer goods released by PriceRunner International Friday.

PriceRunner said if the trend continues London could earn a reputation of being one of the cheaper major cities in the world.

The most expensive city, according to the price survey, is Norway's capital of Oslo, followed by Copenhagen in Denmark and Sao Paolo in Brazil.

Paris is fourth on the list with New York near the bottom among the cheapest in the survey of 33 world cities.

"London, New York and Paris are often held up as cities with a high cost of living," said Marc Thomas, PriceRunner's UK manager. "London is now significantly cheaper than many competitive destinations, including Paris, Dublin, Amsterdam and Berlin."

© 2009 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
The Tibetan Moniam Festival in China Super Bowl XLVI ticker tape victory parade The making of the Oscars
The Chicago Auto Show The Most Desirable Women of 2012 Tu Bishvat Migron settlement
Additional U.S. News Stories
1 of 21
President Obama Signs Smuggling Prevention Act at White House
View Caption
fark
If we timewarped back by 2000 years, what job would you most qualified to do? No, you can't bring...
BAD: getting caught in a landslide while hiking. WORSE: getting struck by lightning while trying...
Weepy eyes, hot chix, Jersey Shore Ronnie and a guy with mini fishing reels stuck in his beard....
French roadbuilders find 21 German WWI soldiers...and 1 goat
Photoshop this crazy old coot in the cold
Anonymous ends the week by bringing down the CIA webpage. *golf clap*