London is the cheapest city in Western Europe!
According to a recent study by Pricerunner.co.uk, London is the cheapest city in Western Europe, beaten only by Eastern European cities.
London has made the top 10 list of cheapest European cities, moving from 6th position to become the 5th cheapest, ahead of Spain, Germany, Portugal, France and Ireland.
Carried out in 33 cities in countries worldwide, Sydney has risen to be the most expensive city in the world, with prices 61% more expensive than the cheapest city, Mumbai. For UK consumers looking for a bargain in Europe, Eastern European cities Warsaw, Budapest and Prague are top of the list.
Now in its 11th year, the International Price Comparison study from PriceRunner.co.uk, the UK’s largest comparison site, tracks the prices of a list of goods including basic products such as milk, bus tickets and petrol alongside popular consumer gadgets such as the iPad and latest Samsung Galaxy S3. London is one of the cheapest places in Europe to purchase on trend products. A pair of classic Converse trainers is £44.99 in London compared to £76.99 in Oslo, £55.42 in Berlin or £55.48 in Paris. The iconic Swatch watches are £32 in London compared to £46.41 in Budapest or £37.69 in Stockholm. Whilst looking good in London costs less with Lancôme Hypnose black mascara costing £21 compared to £31.39 in Oslo.
Stocking up on festive presents for the family
PriceRunner’s International Price Comparison study has looked at some of the best gifts for the family including the New iPad for Dad, Lancôme mascara and 50 Shades of Grey for Mum, classic Converse for a teenage daughter and the John Carter Disney DVD for a young son. Overall, New York comes up trumps with the cheapest prices (£387.50) followed by San Francisco (£417.60). In Europe, London is one of the cheaper cities (£489.31) after Dublin (£481.93) while overall the most expensive city is Buenos Aires (£708.61).
Stag do on a shoe string
The Hangover 2 made Bangkok one of the ultimate cities for a stag do and no wonder when it is still one of the cheapest cities in the world. Looking at the cost of a bottle of Vodka, a can of coke, condoms and a late night MacDonalds, Bangkok is the third cheapest city (£18.35) beaten only by Warsaw (£17.96) and Prague (£18.25). In contrast, London costs over £10 more at £30.11 whilst the biggest dent in your wallet would be an evening in Sao Paolo at £37.33.
Tech geeks should shop around for the cheapest goods
London is one of the cheapest cities in Western Europe for Apple goods. The New iPad is a bargain at £399 compared to £518.44 in Athens or £596.69 in Madrid. The Macbook Air is £999 compared to £1,108.88 in Lisbon or £1,066.45 in Paris. Despite being one of the cheapest places in Europe for Apple products, London is the most expensive for the Sony PlayStation Vista at £289.66 compared to £224.48 in Athens or £169.63 in San Francisco. For Samsung phone fans, Sydney offers the cheapest Samsung Galaxy S3 at £301.74 whilst in London it will cost a whopping £516.31.
Andrew Walker, UK country manager for PriceRunner.co.uk commented: “It’s great to see that London is still one of Europe’s cheapest cities for shopping and living in. If you’re travelling abroad with shopping in mind it is definitely worth checking out the prices in the UK first as there are some brilliant bargains out there. Also, with Christmas just around the corner and people watching the pennies, it’s reassuring for Brits to know that some of the best deals are actually here in the UK.”