New analysis carried out by EIU ranks the worldwide cities on their value of residing (Reuters Picture)
If you’re planning to shift to a brand new metropolis till the work at home continues because of the ongoing coronavirus scenario, the newest report by the Economist Intelligence Unit (EIU) will inform you which place will fit your pocket.
New analysis carried out by EIU ranks the worldwide cities on their value of residing and Hong Kong, Paris and Zurich have grabbed the primary three spots in that order. The checklist includes of 133 cities together with New York and Delhi amongst others.
The report that took into consideration the worth basket 0f 138 objects used day by day for survival and the falling or rising worth of that nation’s foreign money resulting from Covid to rank the cities accordingly. Dip in US greenback over its rising Covid-19 instances has made residing in American, African cities get inexpensive than western European cities the place the worth of euro shot towards the greenback over their cautious tacking of the pandemic.
Upasana Dutt, head of worldwide value of residing on the EIU mentioned the rating took into consideration a number of components just like the growing worth of client electronics and meal-at-home kits as middle-class households resorted to social distancing and work-from-home norms.