Vienna 1st, Budapest 76th most liveable city in the world

Competition

Vienna remained on top for the ninth year as the city with the best quality of living, according to an annual list of world cities compiled by U.S. consultancy firm Mercer. Budapest ranks 76th among 231 cities on the list.

According to the 2018 Quality of Living ranking compiled for the 20th time this year by Mercer, Vienna is followed by Zürich, with Auckland and Munich in joint third place. Vancouver completes the top five and is the highest-ranking city in North America. Singapore (25th) and Montevideo (77th) are the highest-ranking cities in Asia and Latin America, respectively.

In Europe, as a result of the terrorist attack in Stockholm in April 2017, the city drops three places (to 23rd), while Oslo (25th) and Lisbon (38th) rise up the rankings by six and five places, respectively.

London remains further down the list and, due to its persistent issues with traffic congestion and air pollution, drops one place to rank 41st.

In the East European region, Budapest ranks 76th, preceded by Prague (69th) and Ljubljana (75th).

The aim of the survey, based on 39 criteria, is to enable multinational companies and other organizations to compensate employees fairly when placing them on international assignments, Mercer says.

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75% MNB

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Spar Magyarország Revenue Climbs Close to 16% in 2023 Retail

Spar Magyarország Revenue Climbs Close to 16% in 2023

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.