| It's no secret that London can be an expensive | | | | years to come. |
| place to live or visit. From hotel accommodations | | | | Tokyo |
| to transportation and dining, a few days in London | | | | According to Mercer's study on the Worldwide |
| can be quite a drain on your wallet if you don't | | | | Cost of Living, Tokyo is easily the most |
| shop around. However, the cost of living in London | | | | expensive city on the planet. For example, a cup |
| has nothing on how expensive it is to just get by | | | | of coffee and a newspaper costs around eight |
| in some corners of the world. In cities such as | | | | pounds, and the price of admission to an evening |
| Moscow and Tokyo, a simple hotel room can | | | | movie can often be 13 pounds or more. Despite |
| easily cost as much as 225 pounds per night. | | | | the uncertain economic future of Japan, the cost |
| Moscow | | | | of living remains exorbitantly high throughout the |
| If you had told the people of Moscow a couple of | | | | country. Unlike Moscow and other expensive cities |
| decades ago that they would soon be living in the | | | | like Geneva and Copenhagen, Tokyo is expected |
| most expensive city in the world, they would | | | | to remain one of the world's most expensive |
| have told you that you were crazy. However, | | | | cities regardless of temporary fluctuation in |
| thanks to the economic boom the city is currently | | | | exchange rates. |
| experiencing, the cost of living in Moscow has | | | | Until quite recently, London was actually pretty |
| surged so quickly that most middle class citizens | | | | high on the list of the world's most expensive |
| find it increasingly difficult to make ends meet. | | | | cities. However, as the value of the U.S. dollar fell |
| Home to the largest population of billionaires in the | | | | and the exchange rate of the pound rose, the |
| world, the real estate prices in Moscow have | | | | cost of living in London quickly became more |
| inflated to the point that the cost of a flat in the | | | | reasonable. Today, visitors can find some great |
| more prestigious parts of the city cost | | | | deals on cheap London hotels if they know where |
| approximately 25,000 pounds per square meter. | | | | to look, and the cheap hotels London has to offer |
| However, the cost of living in Moscow is heavily | | | | provide visitors accommodations and amenities |
| dependent on the high exchange rate of the ruble, | | | | that Western travelers might barely be able to |
| and analysts predict that Moscow may become a | | | | afford in Moscow or Tokyo. |
| more affordable place to live and travel in the | | | | |