NEW YORK (AP):
MOSCOW HAS eclipsed Tokyo as the world's most expensive city, a new survey says.
The Russian capital moved up three spots from a year ago, thanks to a recent property boom, according to a survey released yesterday, while the Japanese capital slipped to third place due to the weaker yen.
New York - ranked No. 10, up three spots from last year - remains North America's costliest city, followed by Los Angeles and San Francisco.
The survey by Mercer Human Resource Consulting ranked 144 cities around the world, measuring the comparative cost of more than 200 items such as housing, transportation and food.
The least-expensive city surveyed was Asuncion in Paraguay.
