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Steve Forbes: Europe`s Unsung Heroes
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 Baltic States and Ireland are unsung heroes of Europe, since being recession-hit countries they were not behaving like wayward Greece, Portugal and Spain, Steve Forbes, the editor-in-chief, writes in Forbes Magazine June 7, 2010, edition. more
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2009-12-03

Vilnius among ten least expensive cities
V. Valuzis (Lithuaniantravel.com) photo
Vilnius among ten least expensive cities

 The experts of the British company PriceRunner which compares the prices of goods and services this autumn have named Oslo, the capital of Norway, the most expensive city worldwide. Lithuania's capital Vilnius entered the top ten of the least expensive world cities.

The analysts announced their conclusions after comparing prices of the products under 26 different names, including milk, cigarettes, books, computers, BigMac hamburgers, in 33 world cities.

"Prices in the capital of Norway are higher by 35 percent than the average of prices in other countries," states PriceRunner.

PriceRunner has ranked Oslo the most expensive city in the world for the third year in a row. 

The list of the least expensive cities includes Buenos Aires, Vilnius, Prague, Warsaw, San Francisco and New York. Mumbai was ranked as the cheapest city.

Price Runner carried out the study on 17-21 October 2009. 

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