World's most expensive cities revealed | Eurasia Diary - ednews.net

20 April, Saturday


World's most expensive cities revealed

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Paris has come top of a ranking of the world's most expensive cities, alongside Hong Kong and Singapore.

It's the first time three cities have shared the top spot in the 30-year history of the annual Economist Intelligence Unit survey, which compares prices in 133 cities globally.

The French capital - ranked the second most expensive last year - is one of four European cities in the top 10.

The survey compares the cost of common items, such as bread, in 133 cities.

It then tracks whether prices have gone up or down by comparing them to the cost of living in New York, which is used as a benchmark.

The most expensive cities in the world

1. Singapore (Singapore)

1. Paris (France)

1. Hong Kong (China)

4. Zurich (Switzerland)

5. Geneva (Switzerland)

5. Osaka (Japan)

7. Seoul (South Korea)

7. Copenhagen (Denmark)

7. New York(US)

10. Tel Aviv (Israel)

10. Los Angeles (US)

BBC

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