Axar.az
UP
25 November 2017


The world's most expensive city

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

Singapore has again been judged as the world's most expensive city but costs across the world have been highly volatile, according to researchers.

The Economist Intelligence Unit (EIU) ranked Singapore as the priciest ahead of Zurich, Hong Kong, Geneva and Paris.

London was sixth and New York seventh on the list that compares the cost of a basket of goods across 133 cities.

The cheapest were Lusaka, the capital of Zambia, followed by Bangalore and Mumbai in India, the EIU said.
The EIU charts the expense of cities by comparing them to the cost of living in New York.

Although Singapore was the most expensive, the cost of living there was 10% cheaper when compared to New York than was the case in the EIU survey a year ago.

Researchers said they saw considerable movement in the rankings as cities coped with economic factors ranging from the strength of the US dollar and currency devaluations to falling oil and commodity prices and geopolitical uncertainty.

The EIU said India and Pakistan accounted for five of the 10 least expensive cities in the world.

Date
2016.03.10 / 13:50
Author
Axar.az
Comments
loading...
See also

US F-22, F-35 aircraft marshalled to South Korea

Clinton lost because she was terrible candidate

Iran slams 'cheap, immature' Saudi prince remarks

Lavrov, de Mistura agree to maintain close contacts

EU must stop taking decisions 'behind closed doors'

Lugansk People’s Republic head resigns

Ukraine agrees to sign EU summit declaration

Russian bombers hit terrorists' targets in Syria

London tube station evacuated by reports of gun hots

Putin offers condolences to Egyptian president

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla