Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

The World's Priciest City Is...

...Tokyo, according to annual survey

By Evann Gastaldo,  Newser Staff

Posted Jun 13, 2012 11:14 AM CDT

(Newser) – Looking to ditch these shores and move abroad? Don't head to Tokyo unless you have plenty of moolah to bankroll your expat lifestyle. A cup of coffee will run you $8.29 there, and a single ticket to a movie clocks in at $22.97. Part of the reason for Tokyo's high spot on the list is the strength of the Japanese yen against the dollar, but the city has always ranked highly on Mercer's annual cost-of-living survey, the Wall Street Journal reports: It has been in the top three each year except 2007, when it was No. 4, and it's been No. 1 a dozen times since 1994.

This year, Tokyo displaced last year's No. 1 city, ABC News reports: Luanda, Angola, dropped to No. 2. Moscow, No. 4, is the most expensive European city; Tel Aviv takes that honor among Middle Eastern cities, coming in at No. 31. The US doesn't have an entry until No. 33, New York City, the only US city to make the top 50. The least expensive city of all 214 ranked? Karachi, Pakistan. See the full list.

This file photo taken on January 10, 2010 shows Japan's highest mountain Mount Fuji rising up behind the skyscraper skyline as the sun sets over Tokyo.
This file photo taken on January 10, 2010 shows Japan's highest mountain Mount Fuji rising up behind the skyscraper skyline as the sun sets over Tokyo.   (Getty Images)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
8%
51%
10%
6%
9%
15%
To report an error on this story, notify our editors.
COMMENTS
Showing 3 of 9 comments
alexlli
Jun 16, 2012 2:57 AM CDT
 a higher ——aliber-- online dating ---experience
Nxxxx
Jun 14, 2012 5:06 AM CDT
My wife and I have been using a site called expatulator in our comparison of Australian and American cities. It was only after visiting America a few months back that I realised how much we were being ripped off in Aus, and I am factoring in things like public health etc. There's no decent return on the tax dollar here at all anymore. The city I live in has jumped from 35th to 31st most expensive city according to that site and it's 24th on this list. The cost of living here has skyrocketed for no damn good reason other than Australians are too damn devil-may-care to pay attention. There are only six state capital cities...five are on this list. So much for being the country that rebounded best from the GFC. 
StationaryMan
Jun 13, 2012 12:01 PM CDT
Tokyo is very beautiful, and very clean, with incredibly low crime, and the Japanese treat us dirty Giagings very well in deed.
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne