Moscow was ranked the 56th most expensive city in the world in an annual survey of 73 major cities conducted by Swiss bank UBS.
The most expensive city was Oslo, followed by Zurich and Copenhagen.
Moscow also placed 42nd on wages, beating Kiev, Riga and Tallinn, three other ex-Soviet cities that made the list. Copenhagen offered the highest wages. In Moscow, it takes 21 minutes to earn enough to buy a Big Mac at McDonald’s and 36 hours for an iPod Nano, the survey said. Leading both ratings was Zurich, with 15 minutes for the burger and nine hours for the iPod.
(MT)
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
