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World's most expensive cities

$9 for a loaf of bread in Tokyo? $2,100 for a dinner bill in Paris? To see which cities are the most expensive for employees and travelers, the Economist looked at the prices -- in U.S. dollars -- of everyday items in cities worldwide.

1. Tokyo, Japan

most expensive cities tokyo japan

Despite a weakening yen and the accompanying drop in the relative cost of living, Tokyo once again earns the distinction as the world's most expensive city. The Japanese city has held the spot for 14 of the last 20 years, said survey author Jon Copestake.

Loaf of bread: $9.06

Liter of milk: $2.93

Bottle of table wine: $15.95

High-end 3-course dinner for four, with wine: $1,266.30

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.
  @melhicken - Last updated February 06 2013 06:07 AM ET

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