Americas Cost of Living 2010
Monday, July 26th, 2010Americas Cost of Living 2010
By: Steven Coleman
The Americas most expensive city is Brasilia which is the world’s fourth most expensive city to live in. The economy of Brazil is a federal economy. Brazil is the ninth largest economy in the world and the second largest in the Americas, after the United States. The major roles of construction and of services (government, communications, banking and finance, food production, entertainment, and legal services) in Brasilia’s economy reflect the city’s status as a governmental rather than an industrial centre.
The Brazilian Real has strengthened by 11% against the United States Dollar in the past year, although it is still weaker than it was two years ago. Brasilia is ranked in the top 60 out of 282 most expensive cities in the world for each of the 13 basket group costs as follows:
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