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The World's Most Expensive Cities to Live in 2011

Photo: Izzet Keribar | Lonely Planet Images | Getty Images

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10. Bern, Switzerland

The country's capital is home to several major Swiss companies including Rolex, Toblerone, Swisscom and The Swatch Group, as well as the foreign offices of American companies, such as eBay, Cisco and Ingram Micro.

Bern is popular for its lower taxes, as well as liberal labor laws. To top it off, the city has managed to retain its cultural heritage. Old Bern has been recognized as a UNESCO Cultural World Heritage Site for being one of Europe's best examples of a medieval town.

The city, which is filled with diverse historical attractions, was home to Albert Einstein from 1903 and 1905, during which he developed his groundbreaking theory of relativity.

Photo: Izzet Keribar | Lonely Planet Images | Getty Images