Tokyo Most Expensive City on Earth: The annual rankings of the most expensive cities is out and Tokyo tops it.
Of the 214 cities listed by Mercer, Karachi, Pakistan was at the bottom of the list, ABCNews.com reported. New York City was the only U.S. city in the top 50 most expensive cities.
Moscow, at number four, is the most expensive European city. Tel Aviv ranked above any other city in the Mideast. Sort of surprising: Luanda, Angola, was the second-most expensive city on Earth. via ABCNews.com