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The World’s Most Expensive Places To Live 2009

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The Most Expensive Places To Live

Each year, assembles its ranking of the most expensive places to live. Mercer compiles information from 143 cities worldwide, comparing the cost of more than 200 items in each location including housing, transportation, food, entertainment and more.This year’s rankings saw a significant reshuffling from 2008, due largely in part to currency fluctuations and the strengthening of the US dollar, which Mercer uses as the benchmark for comparing costs. This year’s Cost of Living Survey found that Eu
Source: Mercer Consulting

Each year, Mercer Consulting assembles its ranking of the most expensive places to live. Mercer compiles information from 143 cities worldwide, comparing the cost of more than 200 items in each location including housing, transportation, food, entertainment and more.

This year’s rankings saw a significant reshuffling from 2008, due largely in part to currency fluctuations and the strengthening of the US dollar, which Mercer uses as the benchmark for comparing costs.

This year’s Cost of Living Survey found that European metro areas experienced the biggest drop in cost of living, with Warsaw falling from 35th in 2008 to 113th in 2009. Meanwhile, places like New York and Beijing entered the top 10, jumping from 20 and 22 respectively in 2008.

So, what cities make up the world’s most expensive places to live? Click ahead to find out!

By Paul ToscanoPosted 7 July 2009

15. Caracas, Venezuela

Monthly Rent, Luxury 2BR: $2,700Cup of Coffee: $5.59One Liter Gasoline: $0.05Daily International Newspaper: $1.63 Fast Food Meal: $10.012008 Rank: 89
Photo: Oscar

Monthly Rent, Luxury 2BR: $2,700
Cup of Coffee: $5.59
One Liter Gasoline: $0.05
Daily International Newspaper: $1.63
Fast Food Meal: $10.01

2008 Rank: 89

14. Oslo, Norway

Monthly Rent, Luxury 2BR: $2,040Cup of Coffee: $4.66One Liter Gasoline: $1.49Daily International Newspaper: $3.64 Fast Food Meal: $11.182008 Rank: 4
Photo: leylop

Monthly Rent, Luxury 2BR: $2,040
Cup of Coffee: $4.66
One Liter Gasoline: $1.49
Daily International Newspaper: $3.64
Fast Food Meal: $11.18

2008 Rank: 4

13. Paris, France

Monthly Rent, Luxury 2BR: $2,819Cup of Coffee: $5.89One Liter Gasoline: $1.52Daily International Newspaper: $3.20 Fast Food Meal: $7.432008 Rank: 12
Photo: AP

Monthly Rent, Luxury 2BR: $2,819
Cup of Coffee: $5.89
One Liter Gasoline: $1.52
Daily International Newspaper: $3.20
Fast Food Meal: $7.43

2008 Rank: 12

12. Shanghai, China

Monthly Rent, Luxury 2BR: $2,925Cup of Coffee: $7.02One Liter Gasoline: $0.70Daily International Newspaper: $4.53 Fast Food Meal: $3.292008 Rank: 24
Photo: AP

Monthly Rent, Luxury 2BR: $2,925
Cup of Coffee: $7.02
One Liter Gasoline: $0.70
Daily International Newspaper: $4.53
Fast Food Meal: $3.29

2008 Rank: 24

11. Milan, Italy

Monthly Rent, Luxury 2BR: $2,562Cup of Coffee: $4.10One Liter Gasoline: $1.45Daily International Newspaper: $3.20Fast Food Meal: $7.302008 Rank: 10
Photo: AP

Monthly Rent, Luxury 2BR: $2,562
Cup of Coffee: $4.10
One Liter Gasoline: $1.45
Daily International Newspaper: $3.20
Fast Food Meal: $7.30

2008 Rank: 10

10. Singapore

Monthly Rent, Luxury 2BR: $2,111Cup of Coffee: $4.29One Liter Gasoline: $1.04Daily International Newspaper: $2.64 Fast Food Meal: $4.452008 Rank: 13
Photo: AP

Monthly Rent, Luxury 2BR: $2,111
Cup of Coffee: $4.29
One Liter Gasoline: $1.04
Daily International Newspaper: $2.64
Fast Food Meal: $4.45

2008 Rank: 13

9. Beijing, China

Monthly Rent, Luxury 2BR: $3,656Cup of Coffee: $6.58One Liter Gasoline: $0.78Daily International Newspaper: $4.83 Fast Food Meal: $3.442008 Rank: 20
Photo: AP

Monthly Rent, Luxury 2BR: $3,656
Cup of Coffee: $6.58
One Liter Gasoline: $0.78
Daily International Newspaper: $4.83
Fast Food Meal: $3.44

2008 Rank: 20

8. New York City, USA

Monthly Rent, Luxury 2BR: $4,300Cup of Coffee: $4.40One Liter Gasoline: $0.67Daily International Newspaper: $2.50 Fast Food Meal: $5.992008 Rank: 22
Photo: AngMoKio

Monthly Rent, Luxury 2BR: $4,300
Cup of Coffee: $4.40
One Liter Gasoline: $0.67
Daily International Newspaper: $2.50
Fast Food Meal: $5.99

2008 Rank: 22

7. Copenhagen, Denmark

Monthly Rent, Luxury 2BR: $2,921Cup of Coffee: $5.50One Liter Gasoline: $1.59Daily International Newspaper:  $4.30Fast Food Meal: $9.282008 Rank: 7
Photo: Paul Burani

Monthly Rent, Luxury 2BR: $2,921
Cup of Coffee: $5.50
One Liter Gasoline: $1.59
Daily International Newspaper:  $4.30
Fast Food Meal: $9.28

2008 Rank: 7

6. Zurich, Switzerland

Monthly Rent, Luxury 2BR: $2,579Cup of Coffee: $4.73One Liter Gasoline: $1.20Daily International Newspaper: $3.44Fast Food Meal: $11.092008 Rank: 9
Photo: AP

Monthly Rent, Luxury 2BR: $2,579
Cup of Coffee: $4.73
One Liter Gasoline: $1.20
Daily International Newspaper: $3.44
Fast Food Meal: $11.09

2008 Rank: 9

5. Hong Kong

Monthly Rent, Luxury 2BR: $4,513Cup of Coffee: $5.16One Liter Gasoline: $1.68Daily International Newspaper: $3.48 Fast Food Meal: $3.352008 Rank: 6
Photo: Base64

Monthly Rent, Luxury 2BR: $4,513
Cup of Coffee: $5.16
One Liter Gasoline: $1.68
Daily International Newspaper: $3.48
Fast Food Meal: $3.35

2008 Rank: 6

4. Geneva, Switzerland

Monthly Rent, Luxury 2BR: $3,439Cup of Coffee: $4.73One Liter Gasoline: $1.20Daily International Newspaper: $3.44Fast Food Meal: $10.232008 Rank: 8
Photo: Ben Newton

Monthly Rent, Luxury 2BR: $3,439
Cup of Coffee: $4.73
One Liter Gasoline: $1.20
Daily International Newspaper: $3.44
Fast Food Meal: $10.23

2008 Rank: 8

3. Moscow, Russia

Monthly Rent, Luxury 2BR: $5,000Cup of Coffee:  $7.00One Liter Gasoline: $0.58Daily International Newspaper: $7.67Fast Food Meal: $3.952008 Rank: 1
Photo: AP

Monthly Rent, Luxury 2BR: $5,000
Cup of Coffee:  $7.00
One Liter Gasoline: $0.58
Daily International Newspaper: $7.67
Fast Food Meal: $3.95

2008 Rank: 1

2. Osaka, Japan

Monthly Rent, Luxury 2BR: $2,383Cup of Coffee: $5.96One Liter Gasoline: $1.18Daily International Newspaper: $1.95 Fast Food Meal: $6.932008 Rank: 11
Photo: AP

Monthly Rent, Luxury 2BR: $2,383
Cup of Coffee: $5.96
One Liter Gasoline: $1.18
Daily International Newspaper: $1.95
Fast Food Meal: $6.93

2008 Rank: 11

1. Tokyo, Japan

Monthly Rent, Luxury 2BR: $5,417Cup of Coffee: $6.50One Liter Gasoline: $1.21Daily International Newspaper: $1.95 Fast Food Meal: $7.042008 Rank: 2
Photo: AP

Monthly Rent, Luxury 2BR: $5,417
Cup of Coffee: $6.50
One Liter Gasoline: $1.21
Daily International Newspaper: $1.95
Fast Food Meal: $7.04

2008 Rank: 2