Tel Aviv Falls to 45 in Ranking of Costly Cities, but Still Tops Middle East

City slips 13 places in 2012, according to a report by ECA International, while Tokyo remains the most expansive city in the world, for expatriates earning in dollars.

Tokyo remains the most expensive city in the world for expatriates to live, but people based in Tel Aviv can breathe a sigh of relief that their temporary hometown has slipped 13 places to become just the 45th costliest place, according to a report by ECA International.