Friday, 5 May 2017

Zurich: most expensive city for a date

I’m so glad I’m not ‘on the market’ here in Switzerland as its banking hub has been ranked the most expensive location to date the girl or guy of your dreams.

For at least the second year running, Zurich has taken top place for the most expensive city for a date – cab rides, dinner for two at a pub, soft drinks, two movie tickets and a couple of beers  – according to Deutsche Bank’s special report ‘Mapping the World’s Prices 2017’.

In the city home to both UBS and Credit Suisse, an average night out costs the equivalent of £151.40 – 147% more than seventh-ranked New York.

The aim of the research is to provide insight into whether or not exchange rates do actually adjust to correct large price differentials across countries and time, as conventional economic theory suggests they should – all else being equal. 

However, what this research ignores is the fact that everyone gets paid so much more than they do in other countries – and this leads me onto the blindingly obvious point that the best place to bag your prince charming is in Zurich – a heaving wallet (and usually very respectful outlooks) should suggest a substantial amount of future happiness.

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