The Price Is Wrong
When you travel, you spend money.
There’s no way around it. Hotels, transportation, meals … you’ve got to shell it out to make it happen.
So it’s no surprise that smart tourists look for bargains. You can save a few dollars, euros, or riyals by watching the currency markets and cost-of-living indices. Or you can just splurge—and the latest survey of the world’s most expensive cities from Mercer Consulting, as reported on CNNMoney.com, will help you do just that.
The highest-cost city is Moscow, which explains why many travelers aren’t rushin’ to go there.
The reigning four-year price champion, Tokyo—this year, at least, capital of the Land of the Rising Dollar—fell to number three, behind South Korea’s Seoul.
Places four through nine hold no huge surprises: Hong Kong, London, Osaka, Geneva, Copenhagen, Zurich. You’ll find each of these cities more costly than New York, which comes in tied with Oslo at number ten.
Keep these tips in mind for your upcoming voyages:
— Spend more time in the southern hemisphere, where we find many of the least expensive cities but few of the most costly ones.
— Travelers to East Asia are better off overnighting in Chinese cities than in Japanese ones.
— When in Europe, stay longer in Leipzig and Prague than in Berlin and Kiev.
— Latin America offers some bargains, including the least expensive location in the 144-city survey: Paraguay’s Asuncion.
And when in the United States, beware the priciest cities: New York, Los Angeles, and San Francisco. And definitely avoid Toledo.
That has nothing to do with prices. I just don’t like Toledo.