The world's 12 most expensive cities

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London has overtaken Hong Kong to become the most expensive city to live and work in, according to new research from Savills. The top 12 most expensive cities are:

1. London

2. Hong Kong

3. New York

4. Paris

5. Tokyo

6. Singapore

7. Moscow

8. Sydney

9. Dubai

10. Shanghai

11. Rio de Janeiro

12. Mumbai

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