New York City is losing ground to other cities around the world according to a new annual ranking based on quality of living standards.
The city came in 49th place in the survey conducted by a global consulting and investment firm, Mercer, dropping from 48th in 2007 and 46th in 2006.
City's Quality Of Living Rank Drops
Mercer’s study is based on detailed assessments and evaluations of 39 key quality-of-living determinants, grouped in the following categories:
-Political and social environment (political stability, crime, law enforcement, etc)
-Economic environment (currency exchange regulations, banking services, etc)
-Socio-cultural environment (censorship, limitations on personal freedom, etc)
-Health and sanitation (medical supplies and services, infectious diseases, sewage, waste disposal, air pollution, etc)
-Schools and education (standard and availability of international schools, etc)
-Public services and transportation (electricity, water, public transport, traffic congestion, etc)
-Recreation (restaurants, theatres, cinemas, sports and leisure, etc)
-Consumer goods (availability of food/daily consumption items, cars, etc)
-Housing (housing, household appliances, furniture, maintenance services, etc)
-Natural environment (climate, record of natural disasters)