Buzz·Posted on Jan 6, 2014London Is Now The Most Expensive City In The WorldIt's more costly than Paris, Sydney, and New York.by Alan WhiteBuzzFeed News Reporter, UKFacebookPinterestTwitterMailLink London has topped a study of city prices by cost of living experts Expatistan. Flickr: fsse-info / fsseinfo / Via smh.com.au One of the major reasons is the cost of petrol: more than double the price of New York. Alan White / Buzzfeed / Flickr: 59937401@N07 But the cost of rent certainly doesn't help either. Alan White / Buzzfeed / Flickr: ell-r-brown Smaller items like coffees are also slightly more expensive than most cities. Alan White / Buzzfeed / Flickr: dominicspics And as we all know, the cinema is extortionate: it's the most expensive city in the world. Alan White / Buzzfeed / Flickr: silveiraneto Inflation has outpaced UK wage growth of late, and while petrol costs have actually fallen, food, clothes and energy costs have risen. Via telegraph.co.uk Expatistan produced their report after comparing information from almost 200,000 users around the world. You can view the full breakdown of prices here.