International Cost of Living Index Rank 2010
Monday, July 12th, 2010International Cost of Living Index Rank 2010
By: Steven Coleman
Tokyo is the costliest city in the world in which to live.
Tokyo is the most expensive city in the world in which to live out of 282 global locations surveyed as at 1 July 2010. While Tokyo is relatively cheap for items such as alcohol & tobacco (ranked 173), it is the most expensive for groceries and healthcare, and second only to Hong Kong for household accommodation costs. Whilst Tokyo has always been relatively expensive, this trend has been strengthened again recently, as a result of the Japanese Yen which has gained in value by about 18% against the United States Dollar in the past two years.
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