But the survey also showed that Dubai is still cheaper than some not so developed cities, i.e. Beijing (14), Istanbul (15) and Shanghai (20). Our next-door emirate Abu Dhabi reached place 30 (64 last year). Beirut came 32nd. The survey has 144 countries on the list and compares the costs of more than 200 factors incl. housing, food, transportation…

The Russian capital Moscow climbed from fourth to first place, bypassing Seoul, Tokyo, Hong Kong and London, which together mark the top five on the list. Seoul is ‘most expensive city in Asia’ and London is ‘second most expensive city in Europe’ after Moscow. New York City stays the ‘most expensive city in North America’ and is number ten worldwide.