London Now World’s Second Most Expensive City

And I’m living in it…

Mercer has released its 2007 ranking of the world’s most expensive cities to live in.

While I don’t get how Moscow could beat out London (London shot up from number 5 to number 2 this year), it does definitely explain why my charity paycheque makes me feel like I’ve gone back to living like an undergrad compared to my nice beachfront place in Vancouver (did I mention my apartment ceiling was actually leaking water the last two weeks ?). US cities fell because of the failing American peso, now at 2:1 to the sound British pound. I should also point out that no Canadian city appears in the top 20. In fact, no Canadian city appears in the top 50, so think about that all you fellow Canucks dwelling in cheap global cities ! Looking at the list, Paris is looking better day by day.

Anyhow, here’s the top 20 in case you were wondering :

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
13. Paris
14. Singapore
15. New York
16. Dublin
17. Tel Aviv
18. Rome
19. Vienna
20. Beijing