The Romanian capital Bucharest ranked 114 in the most expensive city survey, 11 places down compared to last year, according to Mercer Human Resource Consulting.
The research carried out in 144 cities of the world looked at the cost of 200 items, including housing, food, clothing and entertainment, he cost of public transport and the rent for a luxury two-bedroom flat.
Moscow was considered the world's most expensive city while the last place was taken by Paraguay capital Asuncion in the annual survey by Mercer Human Resource Consulting. The second and the third most expensive cities are Seoul (South Korea) and Tokyo (Japan).
In Europe, the most expensive city is London, followed by Geneva, Copenhagen, Zurich and Oslo. Ukraine’s capital Kiev ranks 21.