Good news for the gilded: Study shows Moscow is among world’s cheapest cities for luxury

Are you filthy rich

Are you filthy rich but still looking for bang for your buck? Well then, Moscow might just be the place for you. A new study shows the Russian capital is one of the most affordable cities for the world’s wealthiest consumers.

Commissioned by Switzerland’s Julius Baer Bank, the study which focuses on luxury goods and high-end living placed Moscow as the sixth cheapest among 28 global locations surveyed. It compared consumer behavior and the price of goods and services for the well-heeled, such as a BMW 7 series, a Diorama lambskin bag, and a night in a 5-star hotel suite.

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