Luxembourg is Europe’s 8th most expensive city

May 30th, 2018 Business

Luxembourg may be expensive, but UBS study shows people are paid enough to offset most costs.

Luxembourg is ranked 11th in the world (including rent), 3rd in terms of earnings levels, and 5th in purchasing power, according to the UBS Global Wealth Management’s Chief Investment Office (CIO), which on Tuesday published research on prices and earnings of 77 international cities and how they fare against each other.

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