London has now topped New York as the most expensive city in the Western world. I'm tempted to say, "and what do you get for that? A bloody lot of shit weather," but until last week, it felt like New York had imported the cold wet misery straight from the channel. (Not that London doesn't suck for other reasonsi.e., bars that close early, indigenous Eurotrash infestations...) But New York is still the second-most expensive city in the world, although correspondent David Usborne notes that there are ways to save money: "Going to a restaurant in the evening constitutes a serious financial outlay. Unless, of course, you can find an ethnic gem all the way out in Queens." Blech. Queens. That's almost worse than London.
Cost of living higher in London than in New York [Independent]