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By Staff Report
Jun. 24, 2005
Tokyo and Osaka are the world’s most expensive cities, according to Mercer Human Resource Consulting’s annual cost-of-living survey released Monday.
London is the third most expensive city, followed by Moscow; Seoul, South Korea; and Geneva and Zurich, Switzerland. In the U.S., New York is the most expensive, while Winston- Salem, North Carolina, is the cheapest. For cities of the 10 new entrants into the European Union last year, Budapest, Hungary, is the most costly. Bucharest, Romania, is the least expensive city in all of Europe.
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