Wed, Feb 08 2012

BULGARIA'S CAPITAL LEAST EXPENSIVE CITY FOR EXPATS IN EUROPE-REPORT

Mon, Jun 18 2007 10:50 CET

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Sofia is the least expensive city for expatriates in Europe according to research of UK human recourse consultant company Mercer.

Bulgaria's capital ranks 108th with a score of 72.5, the report said.

Research was based on information on prices of property, transport, food, clothing, entertainment.

Moscow is the most expensive city in Europe and in the world with a score of 134.4. The appreciation of the ruble against the US dollar and the high residential prices increased the cost of living for expatriates in the city.

London moved three positions up compared to data for 2006 and reached the second place in the ranking.

Other expensive European cities include Copenhagen, Geneva, Zurich, Oslo and Milan.

The world's most expensive cities after Moscow and London are Seoul, Tokyo, Hong Kong.

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