The Quality of Life in Bangkok is assessed in many reports throughout the year. In the latest mid-year 2015 report from website Numbeo.com, the city has been ranked towards the bottom of the 92 cities surveyed, taking many factors into account.
Sitting in 82nd place of the 97 cities, the capital of Thailand ranked alongside Belgrade in Serbia and the Italian capital of Rome.
Top of this list, and towards the top is almost all similar lists, is the Swiss city of Zurich. Canberra (Australia) and Ottawa (Canada) round of the top three cities.
Numbeo.com also allows its users to rank global cities by a ‘Property Price to Income Ratio’. This, it says, is a basic measure for apartment purchase affordability. It is the ratio of median condominium prices to median family disposable incomes expressed as years of income.
When ranked this way, Bangkok scores 18.05 years and is ranked in 72nd place globally of the 97 ranked cities. Bottom of this list, a place that indicates extreme unaffordability, is London, followed by Mumbai, India and Shanghai, China.
This means there are 71 other cities with property and real estate markets that are more affordable for the average person that what we have in Bangkok.
Unlike many surveys that are skewed towards expat living, this report applies to everyone living in a particular city, not only the poor or the wealthy.
Source: www.numbeo.com