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Canada's cities are some of the least expensive in the world, according to Mercer Human Resource Consulting's 2004 cost of living survey. The five Canadian cities included in the survey all rank toward the bottom of the list. The survey, which includes 144 cities, measures the comparative cost of over 200 items, including housing, food, clothing, and household goods, along with transportation and entertainment. The baseline index of 100 is assigned to New York City. (NYC ranked 12 th).

2004
2003
  City
2004
2003
1
(1)
  Tokyo, Japan
130.7
126.1
2
(7)
  London, UK
119
101.3
3
(2)
  Moscow, Russia
117.4
114.5
89
(104)
  Toronto
71.8
64.9
96
(110)
 

Vancouver

69.9
63.2
113
(120)
  Montréal
66.4
59.5
114
(116)
  Calgary
66
62.1
114
(127)
  Ottawa
62.6
57.2

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