Both interesting and informative, Finfact’s Worldwide Cost of Living Survey for 2001 compares prices of more than 200 items in 144 cities across the globe. Using New York City, which ranked tenth in 2001, as an absolute (at 100%), the survey compares relative costs of living in major metropolitan areas worldwide, particularly in major financial and commercial hubs. Ranking first, second, and third respectively, Tokyo, Moscow, and Hong Kong enjoy placement at the top of the list. Given the current state of the economy, it is nice to see that there are actually many places where a cup of coffee is a lot more expensive than it is here.
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