According to the cost of living in new york, Mercer calculated that Moscow is 34.4% higher than new york in housing, transportation, food, household goods and entertainment.
According to Mercer statistics, a double room in Moscow costs $4,000 a month; A CD costs 24.83 dollars and an international newspaper costs 6.30 dollars. By contrast, a fast food with a hamburger is very cheap, only $4.80.
Due to the high housing expenditure, the pound is closely linked to the dollar, and London (consumption level) rose from the fifth place last year to the second place. Mercer estimates that the consumption in London is 26% higher than that in new york. After London, Seoul and Tokyo are 22% more expensive than new york. The fifth place is Hongkong, and its consumption is higher than that of new york 19%.
Among the cities in South America, new york and Los Angeles have the highest consumption, and only these two cities rank among the top 50 most expensive cities in the world. However, since last year's research, the rankings of both have declined, from 10 to 15 in new york, and from 29 to 42 in Los Angeles last year. San Francisco ranked 54th, down 20 places from last year.
At the same time, Toronto, Canada's most expensive city, dropped 35 places, ranking 82nd in the world. Sydney is the most expensive city in Australia, ranking 2 1 in the world.