World's most expensive cities, 2007 edition

Mercer has released its annual ranking of the world's cities based on how expensive they are to live in. New York is the baseline, at 100 percent. The tumbling US peso has changed things up, knocking every US city except New York and LA off the list, and making everything else more expensive by comparison. London has climbed to second-most expensive (after Moscow). Gulp: I'm moving back there in a couple months.

1. Moscow
2. London
3. Seoul
4. Tokyo
5. Hong Kong
6. Copenhagen
7. Geneva
8. Osaka
9. Zurich
10. Oslo
11. Milan
12. St Petersburg
13. Paris
14. Singapore 15. New York

An interesting comparison in the Quality of Living survey, which ranks cities based on the quality of life there:

1. Zurich
2. Geneva
3. Vancouver
4. Vienna
5. Auckland
6. Dusseldorf
7. Frankfurt
8. Munich
9. Bern
9. Sydney
11. Copenhagen
12. Wellington
13. Amsterdam
14. Brussels
15. Toronto

Link (via IZ Reloaded)