Sunday, September 12, 2010

New York - Cost of Living

New York is the most populous city in the United States, and the center of the New York metropolitan area, which is one of the most populous urban areas in the world.

New York City is a global hub of international business and commerce and is one of three command centers for the world economy (along with London and Tokyo). The city is a major center for finance, insurance, real estate, media and the arts in the United States. New York exerts a powerful influence over global commerce, finance, culture, fashion and entertainment. As host of the United Nations headquarters, it is also an important center for international affairs.

New York has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.

The latest cost of living rank for each of the 13 Basket Groups is now available.

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