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I never thought that Moscow would be the most costliest place in the world to live until I googled and found the information.
http://www.finfacts.ie/costofliving.htm gives an extensive summary of the cost of living by ranking cities from several countries.

The strengthening of Euro and other currencies against the US dollar has moved several cities in countries other than from USA, up in their ranking and it is surprising to find that Beijing in China, ranked at 20th place.
The website also gives information on how long a person need to work to earn a Big Mac Burger. It is interesting to see the variance in different countries.
With the developed countries continue to move their production facilities to several Asian countries such as Malaysia, India, China, we can anticipate movements in these rankings every year I think!
Thanks to http://en.wikipedia.org/wiki/Wikipedia:Featured_picture_candidates/Moscow for the picture.
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