As part of its annual prices and earnings survey UBS looked at the cost of getting around a city. In order to get a like-for-like comparison the company took the cost of a single ticket on an underground system, bus or tram for a journey of 10 kilometres or 10 stops.
Urbs Media looked at the data paying particular attention to 20 cities with strong connections to London or those in countries that had significant migrant populations living and working in the UK. (See the table below).
Copenhagen is the most expensive for public transport, followed by its Swedish neighbour, Stockholm, and then London. New York and Paris are both cheaper, but people who have moved to the capital from Warsaw, Bucharest, or New Delhi will notice a big price difference. Kiev has the cheapest public transport of any city surveyed.
The results do not take account of the lower prices for season tickets, which would reduce the cost in London and in other cities too. Nor does it factor in the quality or reliability of the service.
|City||Public Transport ($US)||Taxi fare ($US)|
London comes out a little better for the cost of taking a taxi. Looking at the price of a 5 kilometre cab ride within the city, New Delhi offers the cheapest option. London is more expensive than Hong Kong, Bucharest and Warsaw, but cheaper than Sydney, New York, Paris, Rome, Madrid or Berlin. But none compare to the astronomical cost of a cab ride in Oslo – three times the price of London.
UBS conducted the survey in March and April 2015. It has carried out the price and earning survey annually since 1971.