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re: Monaco: where OT ballers retire to (millionaire central)

Posted on 7/28/16 at 5:45 pm to
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 7/28/16 at 5:45 pm to
quote:

New York is the only non-European city that made it into the top five globally. With one in 21 New Yorkers classified as millionaires, the city comes in fourth based on the number of millionaires as percentage of the overall population.


That's pretty incredible, cost of living be damned.
Posted by PairofDucks
Member since Jul 2016
4992 posts
Posted on 7/28/16 at 5:49 pm to
It is.

With that said, $1 million doesn't go nearly as far in places like NYC as it does elsewhere.

It would be interesting to see how cost of living, to include local taxation, factors in.
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