Australia Tops Chart for Cost of Living

Australia still tops the chart as the world's most expensive country, even as a sliding Australian dollar reduces local prices in US dollar terms. Deutsche Bank's annual world consumer price index for 2014 shows that Australia is still more than 12 per cent more expensive than the US, although that is down from 63 per cent when the Aussie dollar was around parity in 2012. Visit the website to read more information and to see which of the capital cities tops takes top spot in Australia.

http://www.abc.net.au/news/2015-04-17/australia-tops-the-global-charts-for-cost-of-living/6400358?section=business