Monday, June 25, 2007

Add It Up: BargainTown, USA

Posted by Taylor Barnes on Mon, Jun 25, 2007 at 6:37 PM

Moscow was recently named the world’s most expensive city in a study by Mercer Human Resource Consulting. Stateside, New York City tops the list. How does Atlanta rank?

Income needed for comparable lifestyle in Manhattan if earning $50,000 in Atlanta: $106,198

Monthly rent for a NYC SoHo two-bedroom apartment: $4,713

Monthly rent for an ATL SoNo two-bedroom apartment: $1,840

Average cost of parking spot per day in Atlanta, Moscow and Manhattan, respectively: $10, $30, $40

Cup o’ joe in Moscow: $4.20

Cup o’ joe at Atlanta QuikTrip: $.89

Bootleg bottle of vodka in Moscow: $1.50

Legal liter of Smirnoff in Atlanta: $14

Sources: CNNMoney, The Real Estate Group New York, Kaplan Properties, Colliers International, BBC News, Euromonitor

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