Cost of living - News should be welcomed

Dublin has plunged nine places to 25th place in the table of cities with the highest cost of living, according to a survey of 143 cities around the world. This news should be warmly welcomed.

Maybe it would be inapt to say it is cheaper, but it is certainly less expensive that other European capital cities, such as Moscow, Copenhagen, Oslo, Paris, London, Rome and Helsinki, as well as other European cities such as Geneva, Zurich and Milan.

Consultants Mercer Human Resources compared the cost of more than 200 items ranging from the price of renting a flat to the cost of a newspaper.