What is The World’s Most Expensive City to Live in?

According to Economist survey, published yesterday, Zurich has become the world’s most expensive city for residential. Strengthening of the Swiss franc last year helped boost the city in 4 places and replace Tokyo in the first place.

The index examines 130 cities worldwide, using weighted average prices of 160 goods and services. Life standard of living in New York City is set to 100, and is the basis for comparisons with other cities. Strength of various currencies and economies around the world is reflected in changing place of cities compared to the index in recent years. Sydney, for example, went from 71th place to the 7th one in the last ten years, while New York fell from the 7th to the 47th.

Top interesting cities and their index location:

1. Zurich

2. Tokyo

5. Oslo

6. Paris

7. Sydney

9. Singapore

10. Frankfurt

17. London

21. Madrid

28. Sao Paulo

37. Vancouver

42. Shanghai

42. Los Angeles

42. Moscow

47. New York