Worldwide cost of living 2017

From EIU

Worldwide cost of living 2017

Singapore is the world's most expensive city for the fourth year running according to The Economist Intelligence Unit's Worldwide Cost of Living 2017. The survey, which compares the price of over 150 items in 133 cities around the world, found that Singapore was 20% more expensive than New York and 5% pricier than Hong Kong, which lies in second place. Asia now hosts five out of the top six ranked cities in the world, with four European cities and New York joining them to complete the top ten.

While Asia dominates at the top of the index it was Australasia and Brazil which saw the fastest rise in the relative cost of living this year. Conversely, continued uncertainty from the Brexit referendum has weighed on the strength of the British pound, pushing the UK cities of London and Manchester sharply down the rankings, with London at its lowest position in 20 years.