Paris has come top of a ranking of the world's most expensive cities, alongside Hong Kong and Singapore, reports BBC.
It's the first time three cities have shared the top spot in the 30-year history of the annual Economist Intelligence Unit survey, which compares prices in 133 cities globally.
The French capital - ranked second most expensive last year - is one of four European cities in the top 10.
Caracas in Venezuela, where inflation neared 1,000,000 per cent last year forcing the government to launch a new currency, was ranked the least expensive city in this year's survey.
The price of a cup of coffee in the capital Caracas doubled to 400 bolivars ($0.62; £0.50) in the space of only a week last December, according to Bloomberg.
Damascus in Syria was ranked the world's second cheapest city.
The survey compares the cost of common items, such as bread, in 133 cities.
It then tracks whether prices have gone up or down by comparing them to the cost of living in New York, which is used as a benchmark.
Report author Roxana Slavcheva said Paris had been among the top 10 most expensive cities since 2003 and was "extremely expensive" to live in.
"Only alcohol, transport and tobacco offer value for money compared with other European cities," she said.
The average cost of a woman's haircut, for example, costs $119.04 (£90) in Paris, compared with $73.97 in Zurich and $53.46 in Japanese city Osaka.
