Australian cities becoming some of the most expensive destinations in the world

As reported by news.msn.com, “The cost of living in Australia has surged as Sydney and Melbourne are now among the five most expensive cities in the world, outstripping most European and U.S. locations, according to an annual survey released on Monday. Asia and Australasia account for 11 of the world’s top 20 most expensive cities, with eight from Europe and one from South America, the Economist Intelligence Unit’s worldwide cost of living index found. No North American cities featured in the top 20. ” Read Article