Zurich was named the most expensive city in the world last year, as the Swiss franc became a safe haven for nervous investors. But government intervention aimed at weakening the franc caused a dramatic drop in prices, pushing the city down to seventh on the list.
Loaf of bread: $6.08
Bottle of table wine: $16.74
Pack of brand-name cigarettes: $8.32
High-end 3-course dinner for four, with wine: $1,394.74
Source: The Economist Intelligence Unit's 2013 Worldwide Cost of Living Index. Conducted twice yearly, the survey compares in U.S. dollars the average prices of 160 everyday goods and services, including food, drink, rent, clothing, household supplies and transportation. More than 50,000 individual prices were collected to create average prices for goods and services in 131 cities.
By Melanie Hicken@melhicken - Last updated February 06 2013 06:07 AM ET