Chris’ list: Most expensive cities worldwide

If you think it costs a lot to live in New York or Los Angeles, check this out: no American city made The Economist‘s list of the top 20 most expensive places to live (although New York and L.A. tied at number 27).

Here are the top five:

• 5. Melbourne, Australia 

• 4. Oslo, Norway

• 3. Sydney, Australia

• 2. Osaka, Japan

• 1. Tokyo, Japan