Most Expensive Cities in the World

Mercer’s 2010 Cost of Living survey has ranked the top 10 most expensive cities in the world as follows:

1. Tokyo
2. Osaka
3. Moscow
4. Geneva
5. Hong Kong
6. Zurich
7. Copenhagen
8. New York
9. Beijing
10. Singapore

The Mercer survey covers five continents and 214 cities. It measures the comparative cost of 200+ items, including food, housing, clothing, transport, clothing, household goods and entertainment. It is the world’s most comprehensive cost of living survey.

New York is used as the base city for the index. Currency movements are measured against the US dollar. The cost of housing plays an important part in determining where cities are ranked.