
Russia's strong economic growth has pushed up prices
Moscow has overtaken Tokyo to become the most expensive city in the world, according to a new study.
According to Mercer Human Resource Consulting's annual report, an expat's money stretches three times further in Asuncion, Paraguay - the cheapest city.
Mercer said it ranked 144 cities on transport, food, clothing, household goods and entertainment costs.
After Moscow the world's next most expensive cities are Seoul, Tokyo, Hong Kong and London.
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