More space for your sous

All great cities charge a lot for a little - but it seems Parisians have it much better than their near neighbours in London, according to a recent survey of the world’s most expensive addresses.

The report, carried out for Swiss bank UBS, named the British capital the most costly place to live in the world, heading up a list of 70 cities dominated by European locations including Oslo, Copenhagen, Dublin and Zurich.

Paris, meanwhile, just sneaks into the top ten - ahead of Berlin, Brussells and Barcelona but nestling snugly below New York, whose sky high property prices land it in fifth place, despite the rapid depreciation of the dollar.

The biannual research survey ‘Prices and Earnings’ combines the cost of selected goods and sevices with the cost of property to create a cost of living league table of all major world cities. While the French may well be envious of Britain’s roaring British economy, it seems that the people of Paris may well have a little more cash in their pockets come rent day…

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