Toronto Embarrassingly Inexpensive, Says Economist
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Toronto Embarrassingly Inexpensive, Says Economist

2007_03_08_beck_bling.jpgThanks to Shanghaist Editor Dan Washburn for calling our attention to the latest Cost of Living Survey from the Economist Intelligence Unit, which rates 132 cities worldwide by how much it costs to live there.
Toronto, for all our complaining, comes in as only 43rd most expensive, behind North American leader New York City at 28, and fellow Canucks Vancouver and Montreal at 34 and 36 respectively. Blame Honest Ed and all those dollar stores for making us look cheap and unsophisticated.
The top 5 most expensive cities in which to live were Oslo (Norway), Paris (France), Copenhagen (Denmark), London (UK), and Tokyo (Japan).
Those who still find Toronto a little pricey might consider a move to Manila or Tehran, which are bargain hunters paradises at numbers 131 and 132 on the list.
Photo courtesy Tobbycat on Torontoist Flickr Pool .