• Norway edition
 
Oslo no longer world's most expensive city
Oslo - Photo: Simen Schikulski

Oslo no longer world's most expensive city

Published: 28 Jan 2014 12:57 GMT+01:00
Updated: 28 Jan 2014 12:57 GMT+01:00

Oslo has been overtaken by London as the world's most expensive city to live in, due to the spiralling property and travel costs in the British capital.

Soaring rents and house prices mean that housing is now an eye-watering 22 percent more expensive in London than it is in famously pricey Oslo, Expatistan, a cost of living comparison company, said in a report this month. 
 
Renting an 85m2 flat in an upmarket part of London now costs the equivalent of 27,023 kroner ($4,387), compared to a reasonable 18,263 kroner in Oslo. 
 
Together with the high cost of transport (26 percent more than Oslo), this brought London a score of 280, compared to Oslo's 267. 
 
In 2013, Oslo pipped Tokyo to the title of the world's most expensive city, with a score of 266, while London languished in fourth place with a score of 231. 
 
This year, as in 2013, Geneva came third, with a score of 259, followed by Zurich (256) and New York (237).
 
However, it will come as little surprise to long-suffering Oslo residents that their city still tops the charts when it comes to everyday consumables, with food a staggering 60 percent more expensive than in London. 
 
A meal in a restaurant in Oslo's business district costs 252 kroner, the company estimates, 84 percent higher than in London, while the cost of a Big Mac meal, at about 96 kroner, is 70 percent higher. 
 
Meanwhile a bottle of halfway decent table wine will set you back 187 kroner, more than double what it costs in London. 
 
Expatistan's Cost of Living Index (Table form)
 
Ranking City Price Index *
1 London (United Kingdom) 280
2 Oslo (Norway) 267
3 Geneva (Switzerland) 259
4 Zurich (Switzerland) 256
5 New York City (United States) 237
6 Lausanne (Switzerland) 233
7 Singapore (Singapore) 228
8 Paris (France) 219
9 San Francisco (United States) 218
10 Copenhagen (Denmark) 217
11 Sydney (Australia) 215
12 Hong Kong (Hong Kong) 214
13 Brisbane (Australia) 208
14 The Hague (Netherlands) 204
15 Stockholm (Sweden) 204

The Local (news@thelocal.no)

Don't miss...X
Left Right

Your comments about this article

Today's headlines
Hikers wear green to show 'open to romance'
Nils Øverås, secretary general of the Norwegian Trekking Association and Hanna Melhus, head of the organization's youth wing, posing for the April Fools message. Photo: Norwegian Trekking Association

Hikers wear green to show 'open to romance'

An April Fool's joke in which the Norwegian Trekking Association declared that all single people hiking over the Easter break should wear a green hat has triggered such a huge reaction that the association has decided to institute it for real. READ () »

Excavator operator gets $2,000 after outcry
John Erik Tveitdal shows off the money he found in the safe he broke open. Photo: Norsk Gjenvinning Group

Excavator operator gets $2,000 after outcry

The businessman who mistakenly dumped an old safe containing 117,000 kroner ($19,200) at a recycling centre has given a 12,000 kroner reward to the excavator operator who cracked it open and found the money. READ () »

'They loved nature: that's why they were there'
Helicopter comes with three of the four missing men found in the landslide area in Sunndalsfjella. Photo: Berit Roald / Scanpix NTB

'They loved nature: that's why they were there'

Henning Nilsen, 37, from Trondheim, has told Adressa.no of his grief at losing two of his best friends in the avalanche in the Sunndalsfjella mountains on Monday. READ () »

Three boys arrested for taping girl to  railing
Russ in Oslo in 2012. None of these people were involved in taping a girl to a bar. PHOTO: Berit Keilen / NTB SCANPIX

Three boys arrested for taping girl to railing

Police have arrested three out-of-contol Norwegian high-school students after they taped a 17-year-old girl to a railing in a park in Sandnes, south of Bergen, and pelted her with eggs and flour. READ () »

Union could take 1,300 Norwegian staff on strike
One of Norwegian's new Dreamliners arriving from New York at Stockholm Arlanda airport - Johan Nilsson / NTB Scanpix

Union could take 1,300 Norwegian staff on strike

Norway's Parat Union has threatened to take more than 1,300 Norwegian Airlines employees out on strike if the airline does not agree to a joint collective bargaining agreement for the cabin crew by April 30. READ () »

Police free Norwegians jailed for wolf hunt

Police free Norwegians jailed for wolf hunt

The three Norwegians jailed last week pending trial for taking part in an illegal wolf hunt were released on Wednesday, allowing them to spend Easter with their families. READ () »

Video
Norway's Solli gets the weirdest yellow card ever
Jan Gunnar Solli when playing for the New York Bulls. Photo: Joscarfas/Wikimedia Commons

Norway's Solli gets the weirdest yellow card ever

Norwegian footballer Jan Gunnar Solli displayed some unorthodox ball play on Monday evening, catching a pass by lifting up his football shirt and slipping the ball inside. Sadly, the referee didn't see the funny side and promptly served Solli with a yellow card, READ () »

Norway PM backs gay church weddings
Prime Minister Erna Solberg in Parliament in Oslo on Wednesday morning. Photo: Lise Åserud / NTB Scanpix

Norway PM backs gay church weddings

Norway's Prime Minister has declared her support for gay church weddings, although she argues the decision on whether to allow them is up to the Church of Norway. READ () »

Four missing skiers found dead in Norway
Helicopter comes with three of the four missing men found in the landslide area in Sunndalsfjella. Photo: Berit Roald / Scanpix NTB

Four missing skiers found dead in Norway

Rescue teams on Wednesday morning found and brought home the dead bodies of all four of the skiers who went missing in Norway's Sunndalsfjella mountains on Monday afternoon. READ () »

Badger gets stuck in car grille and survives
The badger stuck in Borgar Kristensen's car last year. Photo: Borgar Kristensen

Badger gets stuck in car grille and survives

A badger in Norway got hit so hard in a car collision that it became wedged into the grille. But when the driver levered it out with a stick, to his amazement the animal scampered away into the nearby woods. READ () »

RECEIVE OUR NEWSLETTER AND ALERTS
Society
VIDEO: Norway police's chilled way with drunk wows US
Education
VIDEO: Norway skydiver dodges meteorite
National
Oslo shortlisted for Green Capital 2016
International
Work to start on world's tallest wooden house
Culture
NRK boss: Slow TV 'difficult to joke with'
International
Stoltenberg named as next Nato boss
Society
'Silly walk' sign enrages roads agency
Norwegian tattoos McDonald's bill on arm
Sport
Norwegian man 'forgets' luxury boat for two years
Society
VIDEO: Oslo transformed into miniature city
International
GALLERY: Nato troops' Arctic 'selfies'
International
Feature: Why Jens Stoltenberg is a natural choice for Nato
Advertisement:
International
Norwegian troops get unisex dorms
Travel & Tourism
Trolltunga 'most stunning place for a selfie'
Society
Caffeine-fuelled game binge puts boy in coma
Culture
VIDEO: Norway's 'reality TV with wild birds'
Culture
VIDEO: Bouncer wins Norway Eurovision spot
Culture
VIDEO: Norway fans in awesome Sherlock skit
National
Two new Oslo eateries win Michelin stars
International
Masked Russians seized our gear: Norway journos
National
Lingo cops beat sweet maker in jelly-baby battle
International
US court gives Norway Bieber fraudster 11 years
Society
VIDEO: 7-year-old channels Billie Holiday
Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Sweden

More news from Sweden at thelocal.se

326
jobs available