A world globe marked with several national flag pins

Richard Drury

Deutsche Bank's tenth edition of "Mapping the World's Prices" reveals a fundamentally redrawn global cost-of-living map—reshaped by currencies, inflation and geopolitical conflict across 69 cities.

Since the survey's 2012 launch, the landscape has inverted dramatically. The report notes that 2012 marked "peak Yen (

Quick Insights

  • How have global city cost rankings shifted due to currency and inflation changes?

Dramatic shifts have occurred; cities like Tokyo have become much cheaper while others like Tel Aviv are now among the most expensive, driven by currency moves, inflation, and geopolitical conflict.

  • Why has Tokyo become significantly cheaper compared to other global cities?

The Yen's decline and related factors have dropped Tokyo’s price level sharply, making housing, meals, and even iPhones much cheaper relative to other cities.

  • Which cities now combine top quality-of-life with high disposable income?

European cities such as Luxembourg, Copenhagen, Frankfurt, Geneva, and Zurich have both high quality-of-life and disposable income; no U.S. city achieves both rankings.

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