Japan has seen a record number of tourists visit the country in recent years as a weaker yen makes trips more affordable. The fall in the currency also means Japan is now a relatively cheaper place to live compared with other cities across the globe. Japan's got the first two positions secured with Tokyo and Osaka. According to Mercer's 2009 Worldwide Cost of Living survey, Tokyo is the most expensive city in the world, knocking Moscow off the first place. If you thought you're paying a lot for your daily expenses, try buying a coffee, a newspaper and a bus ticket in Tokyo, it will knock you off. The newest entry to the top is New York. Insidermonkey experts made a list of 10 Most Expensive Cities to Live in Japan.
Human resources consulting firm Mercer says Tokyo has dropped out of the top 10 in its annual cost of living survey for expats. Japan’s capital fell to 11th place from last year’s 7th, thanks to the depreciation of the yen against the dollar. The annual survey compared the cost of more than 200 items and factors including housing, transportation, entertainment and food, using New York as the base city. The list was topped by Luanda, Angola, for the third straight year because of the high cost of imported goods and safe living conditions there. Just a few years ago, Tokyo, Osaka and Nagoya were all in the top 10 on the annual global ranking list. Now the cities are not even included in the top 5 of the regional list, currently comprising Hong Kong, Singapore, Shanghai, Beijing and Seoul. You can also check out our previous article, 10 most expensive cities to live in Germany.
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