General Travel News

Top 10 Most Expensive Cities In The World – 2012

For the first time in at least two decades of reporting the worldwide cost of living survey Zurich sits atop the ranking as the world’s most expensive city.

An index swing of 34 percentage points pushed the Swiss city up 4 places compared to last year to overtake Tokyo which remains in 2nd place.

Geneva, the other Swiss city surveyed saw a 30 percentage point rise in the cost of living to move up six places into joint third alongside Osaka.

The authors of the bi-annual report said both Japan and Switzerland have seen strong currency movements over the last few years which have made them relatively more expensive.

Currency movements in Australia also explain the presence of both Sydney and Melbourne in the list of top ten most expensive cities to live.

Hong Kong, which has long been noted as an expensive place to live, is surprisingly ranked at 22, much lower than its third-placed position a decade ago.

The survey of 130 cities worldwide compares more than 400 individual prices across 160 products, including food, clothing, transport, rents and private schools.

The price of a litre of petrol for example varies hugely from city to city. In its breakdown, the EIU shows that it is $2.17 in Paris but only $0.96 in Moscow.

Despite eurozone weaknesses, western Europe still accounts for 24 of the most expensive cities in the top 50, with 14 hailing from Asia.

Top 10 Most Expensive Cities In The World – 2012

1. Zurich, Switzerland
2. Tokyo, Japan
3. Geneva, Switzerland
4. Osaka, Japan
5. Oslo, Norway
6. Paris, France
7. Sydney, Australia
8. Melbourne, Australia
9. Singapore, Singapore
10. Frankfurt, Germany

More General Travel News
Dinner with a view at At.mosphere, Burj Khalifa
Six year old invited to try Etihad flight simulator
Turkish Kebab Festival in Riyadh
Latest Travel News
Emirates launches US$15 million campaign...
Six year old invited to try Etihad fligh...
Turkish Kebab Festival in Riyadh...
Featured Sights To See
The Grand Theatre

The Grand Theatre

Geneva, Switzerland

This theatre is very similar to the Garnier Opera House located in Paris. It was constructed in 1879, but later had to be restored in 1961 after a fire damaged the theater. The theater provides a varying yet pleasing mix of classic, opera, and chamber music featuring works of some of the most prominent composers of the past as well as contemporary times.  Location: Place Neuve Telephon...

International Spy Museum

International Spy Museum

Washington DC, United States

The International Spy Museum opened in July 2002 is the largest   public collection of spy- related paraphernalia and exhibits on some of the most prominent spies in history. It provides a global perspective on a unique and ‘invisible’ profession that has moulded history and continues to impact world events. It gives an insight on some of the most secretive espionage missions in world history and...

What to Do with Children in Tow

What to Do with Children in Tow

Singapore, Singapore

Singapore is a place which offers equal advantages to adults and children alike. Some of the major attractions for children in Singapore are:   Singapore Duck Tours It's a boat, a bus, a truck, it's the splashing duck! This Tourism Award winning DUCKtours offers a combined City and Harbor tour including some of the major sites for entertaining children along with a duck which will...

The Museum of Norwegian Football

The Museum of Norwegian Football

Oslo, Norway

For children who cannot get enough sports, especially those who are in love with football, the Museum of Norwegian Football is sure to entertain. The museum is interactive and well-laid out, making this more intriguing than your average museum. The whole lay-out of the museum is meant to resemble a soccer game, with the first half chronicling football in Norway and the second half providing an acc...