According to the latest cost-of-living survey from Mercer Consulting, Moscow is the most expensive city in the world!
Although Moscow was number four last year, this time it jumped over Tokyo's head, which has been number one for the past four years.
The survey uses New York City, which comes at number ten, as its cost base - scoring it at 100. Then it compares the prices of more than 200 items, including housing, household goods, food, entertainment and transportation in 144 cities around the world.
In Moscow, a two-bedroom apartment will cost you $3,000, a cup of coffee $5.27, an international newspaper $3.40, and a burger with fries $3.87.
oh my god! moscow is sooo cheap compared to london! in london, to buy a 2 bedroomed apartment would cost you £300,000 or more! and in moscow its only $3000...i think they should get their facts right!
I don't think they mean it's $3.000 to purchase the apartment. I think they mean the rent is $3.000/month for a two bedroom apartment. I am not familiar with wages in Moscow but I imagine that there is not an over abundance of high-paying jobs. So a $3.000 rent is probably fairly hard to make for those that do not have the higher paying jobs.