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To live in these world cities you may need a calculator

Europe may be a great place to visit, but living there apparently is no bargain. Eight of the 10 most expensive cities in the world, including No. 1 Oslo, are in Europe, according to the latest biannual survey of Economist magazine's Intelligence Unit. The study compares the cost of goods and services, in US dollar terms, in 130 cities. The cost of living has been rising across Europe, the survey points out. As a result, Oslo has pushed ahead of Tokyo, which for 14 years held the distinction of being the world's most expensive city. New York, by comparison is only 27th on the list. The 10 most expensive cities:

1. Oslo
2. Tokyo
3. Reykjavik, Iceland
4. Osaka, Japan
5. Paris
6. Copenhagen, Denmark
7. London
8. Zurich, Switzerland
9. Geneva
10. Helsinki, Finland

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