Bucharest climbs 7 positions in most expensive cities list

Bucharest became the 71st most expensive city in the world, after last year’s 78th position, mainly due to the strengthening of the national currency, RON, in front of the US dollar. The first place is still held by Moscow, for the third year in a row, a study conducted by Mercer indicates, as quoted by Romanian news agency NewsIn.

The study covers 143 cities on six continents and compared the costs of over 200 products and services in each city, including real estate prices, transportation, food and clothing, home appliances and entertainment.

The second place, after Moscow, is held by Tokyo, followed by London.