Yep, London is still an expensive place to live, according to the Economist’s latest estimates. Admittedly, not as expensive as Paris or Tokyo, but still pretty damn expensive. For what it’s worth, New York gets a score of 100, against which all the other cities are ranked.
I get the feeling though, that this is more to do with exchange rates fluctuating rather than any particular fall in the cost of living in each city. The pound has tanked against the dollar in the past year, which probably explains how London has gone from 8th most expensive city to 16th.
