In less than a week, MoneySense will reveal what Canadian city is the best place to live. I’m not sure where New York would fit into things if we did a Best Places to Live Around the World feature, but it would likely rank high on our culture list (called the buzz ranking last year) for many of the same reasons it topped Portfolio.com’s Fun Index.
Yesterday, the website revealed its picks for the best places to have (and not have) fun. The Big Apple ranked number one with a score of 17.88 out of 20. Writer G. Scott Thomas says the city was tops in three of the seven categories — shopping, food and drink and culture, and it came in second in three others. It’s not hard to see why it’s such a great place — NYC has 431 museums and historical sites, has nearly 400 stores, about 83 restaurants 12.5 gyms and 2.3 museums per 100,000 people.
I visited the city once and I did have an amazing time. But what the index fails to take into account, as far as I can tell, is how expensive New York is. A Forbes story published last month ranked the city as the most expensive locale to visit in the U.S, with the average hotel room about $200 (which is $64 lower than the year before — likely due to less travellers during the recession). Throw in Broadway tickets, meals, various tours, some pricey cab rides and all that fun will cost you. Still, if it really is the best city to party in, then it may be worth the money.
We’ll reveal Canada’s best places with the most culture on May 3.