After a generous portion of Singapore Chicken at Globus (yes, we both got the same), we pretended to burn some of it with a long walk in the busy streets of Geneva. Who were we kidding? It would not be a long walk, since we both had about 10 minutes till we get back to our offices. On the way, Eric was skeptical and borderline anxious.
Eric: Have you noticed what is going on in the city?
Eva: You mean the many accidents recently? Yeah, why is that? I saw 3 yesterday.
Eric: Well that too. But this is not what I had in mind.
Eva: Oh. What is it then? The car show that is going on right now? The extremely cold weather we had? The UN employees strike? What? What? What is on this beautiful mind of yours?
Eric: All of these and more.
Eva: Spill out the more then, since my guesses did not laserpoint to your precious thought.
Eric: The city is becoming more expensive.
Eva: That’s it?!?!?
Eric: Yes. It’s not important for you?
Eva: Of course it is. But how did you come up to that conclusion? What did you try to buy and it is more expensive now?
Eva: Nothing got more expensive this year? Are you getting all Bucchianeri on me? Like “I have been told the best things in life are free. I found them very expensive.”
Eric: Whatever. I read about it, girl. On the Economist.
Eva: You read the Economist? I thought you get your news from uncensored shots on Snapchat.
Eric: Dare to be on Snapchat and then judge it and me. The Economist says that Geneva got more expensive this year, along with a bunch of other cities. Maybe I should move.
Eva: I hear you talking about this move for a while now. Since I read the same article, let me offer you some alternatives. The cheapest cities in the world. Ready? The closest is Bucharest and then you have Damascus, Algiers, and Lagos. If you want more exotic, then New Delhi, Caracas and Karachi are for you. So where will you move to?
Eric: Beautiful cities, but not for me. A bit too adventurous or too far from my family.
Eva: Oh you are so sweet. You are not moving for me?
Eric: I had my mom and my dad in mind actually.
Eva: This mind is not so beautiful after all. Or maybe it would be even more beautiful if it included me too. Especially now that I have lost a couple of kilos.
Eric: If the city is becoming more expensive, then a diet is a good strategy.
Eva: Relax Eric and read the small letters and the commentary. Geneva remains one of the most expensive cities in the world but prices are pretty stable. The index that you see rising is mostly because of the currency fluctuation vs the dollar, since they compare to New York for their analysis. But if you want to go on a diet, feel free, you kinda need it.
Eva: Are you calling me names now?
Eric: I meant la plage, Eva! Listen better. I’ll go on a diet to get ready for the beach.
Eva: Fab! May I offer you a little desert since we are in front of Gilles Desplanches?
Eric: You are being a different B word and it is not la plage this time…
than 400 individual prices across 160 products and services. These include food, drink, clothing,
household supplies and personal care items, home rents, transport, utility bills, private schools,
domestic help and recreational costs. The survey incorporates easy-to-understand comparative cost-of-living indices between cities. The survey allows for city-to-city comparisons, but for the purpose of this report all
cities are compared with a base city of New York, which has an index set at 100. The survey has been
carried out for more than 30 years.More than 50,000 individual prices are collected in each survey, conducted each March and September
and published in June and December. Economist Intelligence Unit researchers survey a range of stores:
supermarkets, mid-priced stores and higher-priced speciality outlets. Prices reflect what the paying customer is charged. Prices gathered are then converted into a central currency (US dollars) using the prevailing exchange rate and weighted in order to achieve comparative indices.