News of: Wednesday, October 11 2006,

Amsterdam 26 places up on list of most expensive cities

Amsterdam has moved up 26 places on the list of most expensive cities to live in. It moved from place 52 to 26.

The survey, by Mercers Human Resource Consulting, is carried out yearly by the consultancy firm, in 144 cities worldwide. Last year, Amsterdam went up 50 places.
Partly, the rise is due to the strength of the Euro currency, which also causes other cities to go up on the list. Clothes also became more expensive in Amsterdam.
Most American cities now occupy a lower place, because of the relative weakness of the dollar against European, Canadian and Asian currencies.