Agência para o Investimento e Comércio Externo de Portugal


The Economist Intelligence Unit’s latest Report | Worldwide Cost of Living (WCOL) Survey finds that Paris and Zurich have joined Hong Kong as the most expensive cities in the world.

This climb to top spot is representative of a wider trend across western European cities, where favourable currency shifts have seen other cities throughout the region - notably Copenhagen and Geneva - surge up the index.

Alongside an overview of this year’s rankings, this edition of the WCOL report explores the impact of the coronavirus pandemic on consumer goods prices. Lockdowns and travel restrictions have caused widespread supply-chain problems, prompted government intervention and reduced disposable incomes.


Furthermore, measures imposed to combat the pandemic have led to an unprecedented shift in lifestyle, altering which goods and services consumers now view as essential. In that, WCOL allows for price comparison of different products within and across cities.


Download the report