Singapore named the world's most expensive city

in #city • 6 years ago

Singapore has been dubbed the world's most expensive city to live in for the fifth year running.

The city state marched in ahead of New York, London and Los Angeles, which didn't even feature in the top 10 priciest places in the Economist Intelligence Unit's (EIU) Worldwide Cost of Living 2018 survey.

The EIU's annual ranking compares the prices of over 150 items in 133 cities around the world, such as bread, wine, cigarettes and petrol. It is designed to help hiring managers calculate fair salaries when relocating their employees overseas.

6 years ago in #city by
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