Move to New York

From AAP in the Sydney Morning Herald


AUSTRALIA'S biggest cities have become less affordable over the past year, a global survey says.

The strong dollar and rising petrol prices have been blamed for the cities' rise up the ranks of the Economist Intelligence Unit's cost-of-living list.

Sydney was the least affordableAustralian city, rising from 25th place in the last survey to 16th.

This made it less affordable than New York, Rome and Beijing, but more affordable than the Norwegian capital, Oslo, the most expensive city, and Tokyo, ranked second.