TOKYO is currently the most expensive city in the world. The Economist Intelligence Unit, part of the Economist Group, has released its Worldwide Cost of Living survey, and the Japanese capital climbs from last year's seventh place to first.
The table's figures represent a weighted average of the prices of over 160 items found in 140 cities, from a loaf of bread to a luxury car. This year’s survey shows substantial changes from last year's because of recent exchange-rate fluctuations. For example, when the data was actually collected in September 2008, Oslo was the most expensive city in the world (as it was the year before). But the depreciation of the Norwegian krone since then has dropped the city to fifth place.
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