Singapore crowned most expensive city in the world for the second time
According to The Economist Intelligence Unit's worldwide cost of living survey, Singapore remains the world's most expensive city in which to live. Factoring in living costs, the price of clothes, cars and public transport, the annual survey calculates all the largest cities living costs.
Singapore is one of the most densely populated areas in the world but also one of the wealthiest according to the recent survey, with grocery prices 11% higher than New York and clothing 50% more expensive. It was also discovered that the transport system is triple the price of that in the Big Apple.
Paris, Oslo, Zurich and Sydney followed the cosmopolitan city and in 11th place is London, which is now ranked the same as Tokyo who wore the crown until Singapore took over last year.