Mercer Human Resource Consulting released a survey today listing the most expensive cities in the world in which to live. Topping the list for the second year in a row is Tokyo. Japan also boosts the second most expensive city in the world, Osaka. The survey was conducted in March comparing the costs of more than 200 hundred consumer items. As an example… the cost of a cup of coffee in Tokyo is $3.80 compared with $3.40 in New York City (you can get a bagel and coffee for that kind of money in the Merrimack Valley). Interestingly enough, not one US city made the top ten list. In order the ten most expensive cities in the world are: Tokyo, Osaka, London, Moscow, Seoul, Geneva, Zurich, Copenhagen, Hong Kong and Oslo. New York, which is the most expensive city in the United States, placed 13th in the world. In the US, the Big Apple is followed by Los Angeles (44th in the world), San Francisco (50th in the world), Chicago (52nd in the world) and Washington DC (78th in the world). Are you wondering which major US city is the cheapest to live in? It’s Winston Salem, North Carolina. Oh yeah, it is the 119th cheapest in the world.
