Cost of Living in Major U.S. Cities Falls as Dollar Weakens, Mercer Says

(Bloomberg) -- The sliding dollar has made it
cheaper for expatriates to work in U.S. cities such as New York
and Los Angeles, according to a cost of living index. Moscow
topped the list as the most expensive city for a second year.

New York dropped five places to 15th, and Los Angeles
slipped to 42nd from 29th in the rankings of the costliest
cities. Four other U.S. cities fell from the top 50, the index
produced by Mercer Human Resource Consulting showed.


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