Jump to Main ContentJump to Primary Navigation
Top

Paris is named the most affordable city for young people to live in

rexfeatures_4107818a.jpg

Paris is the most affordable city for young people to live according to a new study.

The Youthful Cities Affordability Index, compiled by a Toronto-based strategic consultancy Decode which has worked in youth development research for 20 years, calculates the cost of living - from rent to the price of a burger - in relation to an hour of minimum wage in 25 of the world's largest cities.

With the highest minimum wage at £7.98 (€9.53) and ranking in the top five for most of the measures, including lowest cost of subway transport fare, music gigs, cinema tickets and eggs, Paris was found to be the all-round most affordable city to live in, followed by Toronto, Los Angeles, Chicago and Berlin. 

London didn't fare too high, coming in at overall 10th place with the 6th highest minimum wage (£6.50), 19th place for public transport with Beunos Aires, Rome and Los Angeles offering the cheapest travel, and 9th place for the cost of a burger and cinema tickets. 

New York ranks overall 10th with a minimum wage of £4.54 ($7.25) when the index was compiled, however its recent increase to $8 would bump the city up to be in joint-eighth position with Los Angeles.

Berlin is the cheapest place on the 25-city index to buy burgers and concert tickets, Rome is the most affordable city to go to the cinema and Istanbul offers the lowest cost flights out of the country.

The report has been broken down into individual infographics below. Each illustrated graph highlights the best and worst city's for food, housing and transport. 

The most affordable burgers can be found in 

Value of minimum wage in dollars

Minimum wage

Cost of one month rent for a furnished apartment

Rent

Cost of cinema tickets

Cinema

Cost of underground rail fare

transport

Cost of a fast food burger

Burgers

Cost of 12 eggs

Eggs

Cost of music concert tickets

Gigs

Cost of short-haul, budget flights

Flights

Tax on goods and services

Consumption tax

Related

143073738.jpg

London's happiest and most miserable places to live revealed

8619381661_e6558e177a_z (1).jpg

The UK's most hated buildings revealed

StylistGOINGUNDER_TYPE_rt.jpg

Always busy? How to cope when life gets overwhelming

Comments

More

Samantha Baines: “It’s time to leave our vaginas the hell alone”

The Call the Midwife star has her say on vaginal beauty treatments

by Kayleigh Dray
26 May 2017

Ramadan: The best places to break your fast in London

These London restaurants provide late night openings and special iftar menus

26 May 2017

10-year-old survivor’s letter to Ariana Grande is beyond beautiful

“I really hope you’re not too scared”

by Kayleigh Dray
26 May 2017

It’s official: this easy email hack is guaranteed to boost read rates

Make your emails stand out in your recipient's inbox with one simple trick

by Jasmine Andersson
26 May 2017

Fathers pay more attention to daughters than sons, new study shows

Dads are also "more emotionally engaged" with girls

by Anna Brech
26 May 2017

Men are totally devastated by this women-only Wonder Woman screening

Who knew they were such big fans of Diana Prince?

by Moya Crockett
26 May 2017

Dog breaks into studio to help reporter read the news

The internet is obsessed with this live news blooper (and for good reason)

by Kayleigh Dray
26 May 2017

“Get over yourself”: gymnast hits back at stranger who judged her arms

Alexandra Raisman responds to “rude and uncomfortable” incident

by Anna Brech
26 May 2017

Fighting for their rights: the heroic teens battling period taboos

"I wasn’t allowed to comb my hair, look in the mirror, attend school, read and write."

by Sarah Biddlecombe
25 May 2017

Twitter responds to terror threat level the only way it knows how

#BritishThreatLevels showcases the self-deprecating humour we Brits seem to love

by Amy Swales
25 May 2017