Living costs in big cities
PARIS is the most expensive city to live in according to the latest survey from Economist Intelligence Unit, a sister company to The Economist. The survey assesses the cost of living by comparing housing, food, clothing, transport and utility bills and the like in 132 cities around the world. Tokyo comes second, up from sixth place a year ago. The fall in Russia's currency against the dollar has made Moscow cheaper than it once was. New York City is the reference of all comparisons, and put at 100 in the chart.
The Labour Party effect caused London to tumble along with the depressed British economy and Sterling, finishing 16th on the 2009 list. It ranked on top in 1997, the year Labour seized control of the UK.
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