Cost of Living Americas - October 2011

The Americas most expensive city is Sao Paulo, which is the world’s sixth most expensive city to live in for expatriates. Sao Paulo, the capital of the state of Sao Paulo, is largest city in Brazil, the largest city in the southern hemisphere, and the world's 7th largest metropolitan area. Sao Paulo's economy has traditionally been industrial, but it has become increasingly based on the tertiary sector, focusing on services and businesses for the country and is the Brazilian HQ for a large number of foreign corporations. Brazil has the top 3 most expensive cities in the Americas. 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 ten most expensive cities in the Americas (Global rank in brackets):
1. Brazil, Sao Paulo (6)
2. Brazil, Rio de Janeiro (11)
3. Brazil, Brasilia (15)
4. Canada, Toronto (27)
5. Canada, Vancouver (37)
6. Falkland Islands, Stanley (41)
7. Canada, Calgary (42)
8. Canada, Montreal (49)
9. USA, New York NY (59)
10.Bahamas, Nassau (66)