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Living in China: Shanghai now more expensive than New York

Tokyo is still the world’s most expensive city to live in and Oslo and Osaka still make the top five, but the Worldwide Cost of Living 2011 survey just released from the Economist Intelligence Unit also revealed some dramatic changes in the last year […]

Post author By Itamar Medeiros
Post date July 12, 2011
1 Comment on Living in China: Shanghai now more expensive than New York

Australia has become one of the biggest risers, with the strong Aussie dollar lifting costs in Sydney (6th most expensive city), Melbourne (7th), Perth (13th) and Brisbane (14th) to their highest levels.

The survey shows how economies have shifted over the past 10 years, with especially Asian cities becoming cheaper. Hong Kong, from third place 10 years ago is now 22nd, Shanghai falls from 16th to 48th and Beijing falls from 11th to 64th.

Tags Asia, Australia, Beijing, China, CNN, economist, Europe, Hong Kong, Intelligence, Living In China, New York, Paris, Shanghai, Tokyo

By Itamar Medeiros

Originally from Brazil, Itamar Medeiros currently lives in Germany, where he works as VP of Design Strategy at SAP, where he leads the design vision for the entire Human Capital Management product line, ensuring cohesive product narratives and establishing best practices.

Working in the Information Technology industry since 1998, Itamar has helped truly global companies in multiple continents create great user experience through advocating Design and Innovation principles. Itamar has also served as a juror for prestigious design competitions and lectured on design topics at universities worldwide.

During his 7 years in China, he promoted the User Experience Design discipline as User Experience Manager at Autodesk and Local Coordinator of the Interaction Design Association (IxDA) in Shanghai.

Itamar holds a MA in Design Practice from Northumbria University (Newcastle, UK), for which he received a Distinction Award for his thesis Creating Innovative Design Software Solutions within Collaborative/Distributed Design Environments.

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One reply on “Living in China: Shanghai now more expensive than New York”

[…] children in school,” Gong said. Residential rental prices in Beijing and Shanghai have been increasing over the past six months, said the […]

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