Sofia Europe's Cheapest Living Destinations

Sofia Europe's Cheapest Living Destinations

Bulgaria's capital city of Sofia is the cheapest living destination for foreigners in Europe, a survey of the UK's research company "Mercer" shows.

The list of the most expensive cities in the world is topped by Moscow for the second year in a row, followed by London.

The third place in the ranking is taken by South Korea's capital Seoul.

The first ten spots are filled by Tokyo, Hong Kong, Copenhagen, Geneva, Osaka, Zurich and Oslo.

New York ranks 15th in the world order and takes the first place among the US most expensive living destinations.

The cities with the highest standard in the Latin America are Sao Paolo and Rio de Janeiro.

The cities worldwide have been compared according to the prices of the real estate properties, food, clothing, transport and entertainment services.