Most Expensive Cities

You may think New York is an expensive place to live and even use your bank accounts to refute that arguement, but according to Mercer Human Resource Consulting, New York ranks 13 worldwide among the world's most expensive cities. Topping the list is Tokyo, followed by another Japanese metropolis, Osaka. Los Angeles is the second most expensive city, ranking 44, followed by White Plains, NY and San Francisco at 50th.

If you're into cheap cities, Winston Salem, NC is the place to be in the states. Ottawa, Canada's national capital, is the most economical in North America.

Personally, I'm booking a one-way to South America. Due to the declining Argentinian peso, Buenos Aires ranks among the top 3 cheapest cities. So when New York finally takes all of my money, I'll most likely make my to a street side cafe of South America's Big Apple.