The cost of living / world most expensive cities

the $ devaluation at work....

der wertverfall des $ in aktion......


Oslo remains the world's most expensive city to live in, according to the latest Worldwide Cost of Living survey by the Economist Intelligence Unit, a sister company of The Economist. It is now more costly to live in London and Paris than in Tokyo, which was unseated from the top spot in last year's survey.

Eight of the ten dearest cities are in Europe, partly reflecting the strength of European currencies. New York, 28th of the 132 cities surveyed, is the most expensive destination outside Europe and Asia. Those looking to live on a budget should move to Latin America, which accounts for a quarter of the cheapest 30 cities. The cost of living in Buenos Aires is a little over half that in New York.