World’s most expensive city named

Baku. 13 July. REPORT.AZ / Swiss Bank UBS has prepared a study "Prices and revenues—2018", in which it arranged the cities of the world according to the cost of living, Report informs citing the Russian media.

The most expensive city was Zurich, it scored 116.8 points (for 100 points taken the level of prices and income in New York). Geneva is in the second place, while Oslo in the third.

As well as in the top 10 most expensive cities include Copenhagen, New York, Tokyo, Milan, London, Chicago and Helsinki.

While rating, UBS analysts compared the prices of 128 goods and services, as well as the income of representatives of 15 professions in 77 cities around the world.