Tuesday, June 19, 2007

World's most expensive cities 2007

Taken from CNN, Moscow has been crowned World's most expensive cities 2nd time in a row thanks to appreciation of the Ruble against the US dollars. I guess most of you would had thought Tokyo or London being the most expensive. I wonder when will the city of Shanghai moves to the top 10, its definitely aint cheap to live in Shanghai too. Here is why Moscow is the champion.

A luxury two-bedroom in Moscow now rents for $4,000 a month; a CD costs $24.83, and an international newspaper, $6.30, according to Mercer. By comparison, a fast food meal with a burger is a steal at $4.80. Best to read online news and listen to online music than to buy a newspaper and CD.

1. Moscow
2. London
3. Seoul
4. Tokyo
5. Hong Kong
6. Copenhagen
7. Geneva
8. Osaka
9. Zurich
10. Oslo
11. Milan
12. St. Petersburg
13. Paris
14. Singapore
15. New York City
16. Dublin
17. Tel Aviv
18. Rome
19. Vienna
20. Beijing

Source : Mercer

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