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In December 2008 London was ranked the 6th most expensive place in the world for expatriates to live, having been ranked 1st a year before. As at April 2009 London is the 23rd most expensive place in the world for expatriates. This does not mean that the cost of living for expatriates living in London has decreased significantly, what it does mean is that relative to other places in the world, London is no longer as expensive as it was in recent years. What makes London’s cost of living relatively lower than it was is mainly due to the increase in the cost of living elsewhere together with the weaker British Pound. Continue reading →