Baku is most expensive city in South Caucasus, Moscow - fourth in the world
Baku is the most expensive city in the South Caucasus, while Tbilisi
is the cheapest. Yerevan lies between them. This data was presented by
the "Mercer" agency in its rating of the most expensive cities in the
The capital of Azerbaijan is ahead of cities such as Istanbul,
Frankfurt, Brussels, Berlin, Los Angeles and Washington in terms of
the cost of living. In the global rating Baku holds 48th place.
The capital of Angola - Luanda - was again ranked as the most
expensive city in the world. It is followed by Tokyo and Moscow. The
cheapest city in the world is Pakistan's Karachi.