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Moscow Tops Priciest Cities List, Again

Filed under: Journeys


The list of 2007's priciest cities is out, and Moscow gets spot #1 for the second year in a row. The top 50 includes a whopping 30 European cities, with London jumping 3 spots to claim 2nd place and Copenhagen, Geneva, Zurich, and Oslo also making the top 10. It looks like New York was the highest ranking U.S. city, falling in the teens just behind Milan, St Petersberg, and Paris.

A number of factors contributed to the high cost of living ranking for so many European cities, and the Swiss consulting firm Mercer that conducted the survey credits both rises in accommodation prices (especially in London and Moscow) and the strength of the various European currencies.

Oslo and London, World's Most Expensive Cities

Filed under: Journeys

It seems like a new list of the world's most expensive cities is released every month, with Moscow on top just a few weeks ago. Compiled by Swiss bank UBS, the list was based on the cost of a group of 122 goods and services. Oslo topped the list, followed closely by London, Copenhagen, Zurich and Tokyo. The highest ranked North American city was New York. The cost of housing was not included in the main study, but when it was taken into account, the two most expensive cities were listed as London and New York.

The least expensive cities were Kuala Lumpur, Mumbai, Buenos Aires and Delhi.


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