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Most Expensive City: Oslo

OsloTokyo has officially been booted from the number one city putting a hurtin' on expats and Oslo moves up to the top. A recent survey by the Economist Intelligence Unit (EIU) confirms Europe strengthening curency is kicking arse against our greenbacks and Japan's gradually weakening yen. The cause: low inflation and deflation in the Japanese market and even with that, Olso's taking number one still comes as a big surprise. On the flipside Tehran, Iran remains the cheapest of all the 130 cities ranked. Tokyo took it's number one spot 14 years back and remained there, until now.

via CNN

Filed under: Learning, Business, Stories

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