Rio is the most expensive city in the Americas

Photo by: Tina França

Rio de Janeiro ranked 28th among the most expensive cities for foreigners in 2010. In 2009, Rio was ranked 132th in the same study. Quite a change.

The study was conducted by ECA INTERNATIONAL, a  British consulting company.
All other cities in the Americas  were considered cheaper than Rio. That includes New York City. Furthermore, Rio’s position could have been even higher had the data been analyzed before the Euro’s recent loss in value.

Published by Hildete Vodopives

Hildete de Moraes Vodopives is founder of Brazil Global and of the Harvard Strategists Group. She has a PhD in Economic History and advises companies and investment agencies in international business development.She served as Corporate Relations Director and later, on the board of the Brazilian Investment Analysts Association (APIMEC).

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