oslo, london world’s most expensive cities

 ZURICH (Reuters) – Oslo and London are the world’s most expensive cities, while Zurich and Geneva residents have the highest buying power, according to a report released on Wednesday.Europe dominates the list of 71 cities compiled by Swiss bank UBS, while Asian cities — including Kuala Lumpur and Mumbai — are among the cheapest places to live, based on the cost of a basket of 122 goods and services.Oslo maintained its top position from 2005, while London rose three places to second.Copenhagen, Zurich and Tokyo round out the top five, with New York in seventh place globally.For the full report, click here.Photo Credit: Karl Johans Gate, main avenue from the Central Station to the Royal Palace, lined with restaurants, shops, and the majestic Grand Hotel.


4 Responses to “oslo, london world’s most expensive cities”

  1. 1 savante August 10, 2006 at 1:15 pm

    Yeah. Kuala LUmpur is definitely cheap in comparison to London :) Come over lah!


  2. 2 Kiss My Mike August 10, 2006 at 1:40 pm

    i was surprised not to see Moscow in the most expensive list.

  3. 3 RennyBA August 10, 2006 at 9:44 pm

    I do agree Oslo and Norway are very expensive – no doubt! But then again a great place to chill. I had a post to that in April: http://rennybasblog.blogspot.com/2006/04/cool-norway-best-place-to-chill.html ad with the referral link to CNN: http://edition.cnn.com/2004/WORLD/europe/07/16/norway.best/
    What’s even better is all the lovely post about Norway and Scandinavia from you. It is so interesting to see my country and city though your eyes. Keep up the good work Mark:-)

  4. 4 Mark August 11, 2006 at 2:41 am

    Hi Paul! Had they extended the list to include Manila, I’m sure it’d still be in the second from the last – like last year’s. KL is MUCH MORE expensive than Manila.

    Hi Mike! I’m surprised, too. I’m sure it’s in the Top 20.

    Hi Renny! Thank you very much! I have yet to experience the “chilly sub-zero temperatures in mid-winter.” Hehehe.

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