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Most expensive cities to live in

A new report from financial services firm UBS names the most expensive cities in the world. Oslo, Zurich and Geneva grabbed the top three spots, followed by Copenhagen, Stockholm, Tokyo, Sydney, Helsinki, Toronto and Singapore.

Vienna, Paris, Luxembourg, New York, London and Munich landed on number 11 to 16, making their costs of living slightly less expensive. Chinese cities like Hong Kong or Shanghai were positioned number 37 and 49 respectively.

The rankings were calculated by comparing the cost of an average "shopping basket" of 122 goods and services.

Sources:
Citymayors

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