It is official : The Economic Intelligence Unit (EIU) has confirmed what we terribly feel in the Lion city : Singapore is the most expensive city in the world to live in. Singapore jumped five places from No 6 in 2013 to top this year’s list after rising in the list in recent years. Singapore was ranked just 18th most expensive city in the world in 2004 in the EIU's Worldwide Cost of Living Survey.
The Republic’s strong currency, which has appreciated about 40 per cent over the past decade, combined with soaring utility bills and the high cost of car ownership contributed to Singapore’s rise in the list, according to the EIU. Singapore is also the most expensive place in the world to buy clothes.
Paris, Oslo, Zurich and Sydney also made the top five of the EIU list. Tokyo, the most expensive city to live in for 2013, fell to joint sixth place alongside Caracas, Geneva and Melbourne. At No 10 is Copenhagen.
Source : Singapore now the world’s most expensive city: Economist
The Republic’s strong currency, which has appreciated about 40 per cent over the past decade, combined with soaring utility bills and the high cost of car ownership contributed to Singapore’s rise in the list, according to the EIU. Singapore is also the most expensive place in the world to buy clothes.
Paris, Oslo, Zurich and Sydney also made the top five of the EIU list. Tokyo, the most expensive city to live in for 2013, fell to joint sixth place alongside Caracas, Geneva and Melbourne. At No 10 is Copenhagen.
Source : Singapore now the world’s most expensive city: Economist
 |
| Singapore is the most expensive city in the world. |
No comments:
Post a Comment