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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: Cost of Living

Cost of Living stories: 5 news summaries

 Tokyo Branded 
 World's Most 
 Expensive City 

Tumbling rouble knocks Moscow off top spot in expat rankings

(Newser) - Tokyo and Osaka bumped Moscow into third place in Mercer's annual ranking of the costliest cities for expats, the Times of London reports. Geneva and Hong Kong rounded out the top five. Currency fluctuations pushed many European cities down in the influential rankings,which compare the cost of living in... More »

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Moscow Cost of Living Tokyo cities expatriates

From Food to Health Care,
the Poor Pay More

The economics of poverty mean the poorest pay higher prices for everyday essentials

(Newser) - The economics of poverty are complicated, the Washington Post reports, but it boils down to this: “The poorer you are, the more things cost.” The poor spend more in time, money, hassle, and exhaustion than do the middle class or wealthy on everything from a loaf of bread... More »

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middle class Cost of Living poverty financial crisis wealthy poverty line

Federal Judges Lose Pay Raise Battle, Again

Financial crisis kills hike, leaves bench feeling shortchanged

(Newser) - Federal judges went without a cost-of-living pay increase yet again in 2008, the LA Times reports. A quirk in federal law prevents judges from getting the automatic raises other federal employees get, and the financial crisis derailed a bill that would have upped their pay by 28%. John Roberts... More »

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John Roberts Cost of Living federal employees federal judges financial crisis

College May Be Out of Reach for Most US Kids

Middle-class families
loans grow to cover
rising tuition costs

(Newser) - Rising tuition costs are putting college out of reach for most Americans, a new report shows. Since 1982, college costs have gone up 439%, but median family income only 147%. That has forced the middle class to increasingly fund higher education through loans. For lower-income families—for whom public universities... More »

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higher education Cost of Living college recession college tuition median income access

Mo$cow: World's Priciest City

London second, Seoul third in worldwide survey

(Newser) - Moscow is the world's most expensive city for expats, according to an annual human resource study. A cup of Muscovite coffee can run more than $6, and lodging in the Russian capital can send foreign workers from rubles to rags. London placed in the survey, which compared costs of living... More »

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Russia London New York Moscow money Cost of Living Paraguay Asuncion

5 Stories