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Actually, New York is Cheap

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"For residents around the globe, the Big Apple is looking more and more like a big bargain. On a list of the world's most expensive cities to live in, New York City fell seven spots to No. 22, according to a cost-of-living survey from human resources consulting firm Mercer, a subsidiary of Manhattan-based Marsh & McLennan Cos." NYC was the only American city to crack the Top 50. [Crain's]