In an elegant Haussmannian-style building, located steps from the Champs de Mars and with a stunning close-up view of the majestic Eiffel Tower, this lovely two-bedroom apartment will make your Paris stay an unforgettable experience. with stunning views of the Eiffel Tower, two large bedroom, two bathrooms
New York is used as the index against which all other cities are measured as expensive or not in the 2017 Worldwide Cost of Living report issued by the Economist. It ranks 9th, to Paris' ranking of 7th. Singapore is number one most expensive city to live in, but New York is the only North American city in the top 10 list. Paris is the only European city in the top 10.
New York - by Erica Simone
The ten most expensive cities in the world:
City WCOL index Rank (New York=100)
Singapore 120 1 Hong Kong 114 2 Zurich 113 3 Tokyo 110 4 Osaka 109 5 Seoul 108 6 Geneva 107 7 Paris 107 7 New York 100 9 Copenhagen 100 9
Geneva tied with Paris for 7th place, although while Paris is 7% more expensive than living in New York, it's considerably less expensive than it was five years ago, when it was 50% pricier. New York fell to 9th place thanks to the weakening of the U.S. dollar, which also had effects on other U.S. cities, a very sharp decline considering it was in 46th place only five years ago.
In predicting what is to come, the report cites the election of Donald Trump which could create "signal significant upheaval in trade agreements and international relations, which may push up prices for imports and exports around the world as treaties unravel or come under scrutiny."
While the report compares the price of a loaf of bread, a bottle of table wine, a pack of cigarettes and one liter of unleaded gas, I am skeptical that the picture it paints is very narrow in scope and doesn't really answer the question you have: Can I afford to live in a city like Paris?
With Paris being among the top ten most expensive cities in the world, according to The Economist, I would have to argue this. Rather than comparing the cost of bread at mere pennies difference, what if we were to compare the cost of health care, education, insurance, rent, property value, transportation, taxes, etc.? Aren't these the big costs that really matter?
When I was in a position to choose between staying in Paris and moving back to Los Angeles in 1997, I chose Paris. A big part of that decision was financial. To return to the U.S. meant needing to buy a car (virtually no public transportation), paying three times more for health insurance and sending my daughter to private school (unless I wanted to settle for a lower quality of education than she had in Paris for free). That's a big chunk of change which wasn't necessary living in Paris.
Retirees who move here are finding their pensions stretch a whole lot further, too. And the French government doesn't tax their retirement income. Several of our clients who purchased a "pied-à-terre" here in Paris in the past 10 years have moved over and are living in their much smaller Paris apartments, but living a whole lot better lives, with a lot less expense and a lot more opportunity to travel and see France, Europe and the world on what's left in their coffers.
If you are interested in taking your own survey -- compare the costs of your current lifestyle with a new one in Paris or other city in France, let me be the first to help you analyze which you can better afford. Together we will determine the truth and the direction you really want to take to complete your "bucket list."
P.S. It all begins with a one-on-one consultation, by phone or in person, in which we work with you to determine your objectives and parameters for an investment in France. There is a one-time fee that applies toward our property services, so nothing is lost along the way. You will find this time and small investment in reaching your goals very, very valuable -- so if you wish to move ahead with your goals to invest in France, schedule your consultation today! Email [email protected]
ADRIAN LEEDS GROUP APARTMENTS
Welcome to your home in Paris. Home is how you will feel in a private apartment in Paris that has the "seal of approval" from Parler Paris Apartments, Paris Sharing and me, Adrian Leeds.
Here's your chance to stay in an apartment dating back to 1768 with aged exposed oak beams and parquet flooring, set against lusciously-colored furnishings inspired by the Orient, superbly located in the heart of Le Marais with a view on the Place du Marché Saint-Cathérine and a block away from the famous 400 year-old Place des Vosges.
FREE one-hour consultation! Guests of the Adrian Leeds Group apartments who are considering the purchase of their own "pied-à-terre" for pleasure and profit, can take advantage of a free one-hour consultation while enjoying the apartment in the City of Light or on the Riviera. Simply complete the request form to book your consultation.
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