A recent survey has deemed Singapore as the world’s most expensive city to live in, followed by Hong Kong and Zurich.The report was published as part of the twice-yearly ‘Worldwide Cost of Living’ survey by the Economist Intelligence Unit.
Singapore has maintained its position at the top for the third year in a row now. Among the other cities that made it to the top 10 in the list were Tokyo and Osaka (Japan), Geneva, Copenhagen and Paris (Europe), Seoul (South Korea) and New York (United States).
Almaty in Kazakhstan was found to be the least expensive city, with 90 Cents for bread and 5.15 Dollars for wine. Among the other least-expensive cities were Bengaluru (India), Karachi (Pakistan) and Algiers (Algeria).
The cities were rated on the basis of the price of at least 160 products and services including food, drink, clothing, household supplies and personal care items among others, converted to US Dollars.