Last week Deutsche Bank released its annual “Mapping the world’s prices” report, cataloguing the cost of goods and services in a cross section of the world’s biggest and most powerful cities around the world.
The bank looks at everything from the cost of a packet of cigarettes to how much the average rent costs on a two-bedroom apartment, to determine the cost of living all over the globe.
One factor Deutsche’s survey examines is how much people earn on average every month. The figure, which deducts taxes, is a handy indicator of the wealth of a city.
