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“New York City, London, or Paris?”

unnamedHigh Priced Living

I’m reading a lot about the escalating prices of homes in London and how we common folk can’t afford to live in the city any longer. So a recent article in the Wall Street Journal (WSJ.com) caught my eye. It is entitled, Paris’s Haut Marais: From Shabby to Chic. It’s all about that too familiar story of a neighborhood that is run down, experiences high crime, and everyone stays away. But one day, several brave souls venture in, buy up some property, and begin to rejuvenate the neighborhood.

The Haut Marais (or Upper Marais) is essentially the part of the Marais District located in the 3e (third arrondissement or district). The southern portion of the Marais District is in the 4e and a common destination point for tourists. The article talks about apartment prices, the gentrification of the area, and some of dramatic improvements including several open air markets.

I decided to take a look at comparing some fundamental prices between New York City, London, and Paris. Here is data from April 2014 gathered by an online service known as Numbeo (all figures are in US$):

                                                                                      Paris               London           NYC

Meal for 2; mid-range restaurant:                        69.10              83.99              75.00

Domestic Beer:                                                            8.29                 6.05             6.00

Foreign Beer:                                                                6.91                 5.88             7.00

Milk (1 liter):                                                                1.51                 1.58             1.35

Eggs (dozen):                                                               4.33                 3.82             3.00

Bottle of Wine (mid-range):                                    8.29              11.76              15.00

Local Cheese (1kg):                                                  21.01              11.44              10.73

Gasoline (1 liter):                                                       2.26               2.34                 1.06

Basic Utilities:                                                           235.47          249.54              152.96

Cinema (one seat):                                                    13.82           20.16                 13.62

One pair of Nike shoes:                                            120               109                      89

Rent per Month (1 bedroom in the City):            1,578            2,470              2,857

Rent per Month (1 br. Out of the City):                 1,141             1,540              1,692

Price to Buy/Sq. Meter (in City):                           13,754          13,775              9,688

Now, its been a while since I’ve been in London or NYC but I can tell you (from first hand experience) that a beer in Paris is much more expensive than what Numbeo reports above. Another glaring exception is the local cheese. Sandy and I found that the least expensive food item when comparing to the US equivalents was cheese. We did notice on many occasions (regardless of where we went), shoe prices and specifically tennis shoes, were very expensive.

So what’s the lesson here?

Be it ever so humble, there’s no place like home.

Do we have a lot of stories? Of course we do. I’m looking forward to sharing these with you. Please continue to visit our blog and perhaps subscribe so that you don’t miss out on the most recent blog posts.

Thanks so much for following my blog and my little journey through this incredibly interesting process of writing a series of niche historical travel books and then getting the bloody things published.

-Stew

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Copyright © 2014 Stew Ross

 

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The Destruction of Paris

My last blog post dealt with copyrighted material and my search for images I could not find. I mentioned a couple of people and I thought I’d like to expand on them. Before I do, let’s set the stage in the mid-1800s in Paris under the rule of Napoleon III (the nephew of Napoleon).

Paris up until the mid-1800s was still a medieval city

London was forced to rid itself of its medieval trappings in 1666. The Great Fire of London created the opportunity for the city to rebuild and become more contemporary. It took Paris almost 200-years to catch up but it wasn’t a fire that provided the catalyst.

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