Moscow, the Russian capital, is the most expensive city in the world for cost of living followed by London, UK and Seoul, South Korea in the second and third position. The findings are based on the annual Cost of Living Survey conducted by Mercer Human Resource Consulting. Moscow tops the list for the second consecutive year while London has moved up from its third place last year. The survey covering 143 cities across six continents compared the cost of over 200 household items in each city including housing, transport, food, clothing, household goods and entertainment. MNCs and governments use this cost of living survey to determine compensation allowances for their expatriate employees. Here are the top 15 most expensive cities in the world for cost of living, according to the survey. 1. Moscow, Russia 2. London, United Kingdom 3. Seoul, South Korea 4. Tokyo, Japan 5. Hong Kong, Hong Kong 6. Copenhagen, Denmark 7. Geneva, Switzerland 8. Osaka, Japan 9. Zurich, Switzerlan...
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