According to CNN Money, the most expensive city in the world in Moscow, Russia. It kepts its #1 spot from last year. The #2 spot is for London, United Kingdom which moved up from the #5 spot last year. Seoul, Tokyo, and HongKong take up #3, #4 and #5 spots respectively.

What is unbelievable is

A luxury two-bedroom in Moscow now rents for $4,000 a month; a CD costs $24.83, and an international newspaper, $6.30, according to Mercer. By comparison, a fast food meal with a burger is a steal at $4.80.

The most expensive city in USA is New York which is at #15, down from #10 last year. Los Angeles, the second most expensive city in USA, is at #42. LA was at #29 last year.

Here is the list of top 20 most expensive cities in the world.

1. Moscow
2. London
3. Seoul
4. Tokyo
5. Hong Kong
6. Copenhagen
7. Geneva
8. Osaka
9. Zurich
10. Oslo
11. Milan
12. St. Petersburg (Russia)
13. Paris
14. Singapore
15. New York City
16. Dublin
17. Tel Aviv
18. Rome
19. Vienna
20. Beijing

I Googled these facts after having a chat with my college mate Kiran Swaminathan (who is currently in London) when we compared living expenses in UK and USA