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Chart of the Day: The Most Livable Cities

Chart of the Day: The Most Livable Cities
Reuters

A new chart from the Economist shows the relationship between a city's cost and its competitiveness level.

This new index by the Economist Intelligence Unit ranks the competitiveness of 120 of the most prominent global cities on a variety of economic factors. New York tops the list, followed by London, Singapore, Hong Kong, and Paris. As the Economist notes:

Comparing the index to the EIU's cost of living data (a measure of western-style living expenses), identifies those cities which also represent good value for money for the ambitious expatriate.

Most Americans think New York is tremendously expensive. But by the standards of its global competitors, it is a veritable bargain. Yet another thing New York and other U.S. cities have going for them.

Photo credit: Brendan McDermid/Reuters

Richard Florida is Co-Founder and Editor at Large at The Atlantic Cities. He's also a Senior Editor at The Atlantic, Director of the Martin Prosperity Institute at the University of Toronto's Rotman School of Management, and Global Research Professor at New York University. He is a frequent speaker to communities, business and professional organizations, and founder of the Creative Class Group, whose current client list can be found here. All posts »

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