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July 24, 2008

Geneva - The eighth most popular (expensive) city in the world

Moscow is the world’s most expensive city for expatriates for the third consecutive year, according to the latest Cost of Living Survey from Mercer. Tokyo is in second position climbing two places since last year, whereas London drops one place to rank third. Oslo climbs six places to 4th place, Geneva is in 8th place beating Zurich into 9th Place by three clear points. New York has slid down to 22nd place.




Contrary to the trend observed last year the gap between the world’s most and least expensive cities now seems to be widening.




  • Moscow is still the most expensive city

  • European and Asian cities dominate the top 10

  • The weak US dollar has caused a significant shift in the rankings


Mercer’s Cost of Living survey covers 143 cities across six continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. Order reports

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