>Zurich took over from Tokyo as the world’s most expensive city to live in, according to the Economist Intelligence Unit’s most recent world-wide cost-of-living survey.
The study, which is published twice a year, tracks the prices of goods and services such as food, transportation, utilities, private schools and domestic help to calculate scores for each city, using New York as its base with a score of 100. Real-estate prices aren’t factored into the survey.
Zurich and Tokyo scored 170 and 166, respectively, indicating that they are about 70% and 66% more expensive to live in than New York.
>Jason Chow
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