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Most Expensive Countries on the World

  •  World

Australia, despite the reduction of local prices in US dollar terms, till is on the top of the most expensive countries on the world, ABC reports.

The consumer price index for 2014 shows that Australia is still more expensive than the US; the CPI is 12% higher. In terms of cost of living Sydney and Melbourne yields only Singapore, Paris, Oslo and Zurich.

New Zealand is on the second place after Australia. Russia is on the 19th place in the list and with slumping ruble it became more attractive for foreign visitors.

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