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Sydney and Melbourne in the List of Most Expensive Cities

Venessa Paech feels we are not imagining things if we are feeling a little squeezed out living in Sydney or Melbourne. In an article for the website realestate.com.au, Miss Paech informs that these two cities have found their way to the list of top 10 most expensive cities in the world. While Melbourne is in a tie with Caracas and Geneva for the 6th place, Sydney ranks one step above.

The bi-annual survey conducted by the Economist Intelligence Unit’s Worldwide Cost of Living Survey makes comparison across 131 cities, using a repertoire of 160 products and services.

You can read the original article here.

Which between Sydney and Melbourne (if either) do you feel will become unaffordable in coming times?