November 23, 2024
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    Singapore, the Most Expensive City of the World

    March 04, 2015

    Singapore: Singapore maintained today the first place as the most expensive city of the world, according to British magazine The Economist, which publishes this kind of information two times a year.

     

    The state-city of the Asian southeast heads a list that includes Paris,Oslo, Zurick, Sydney, Melbourne, Geneva, Copenhagen, Hong Kong and Seoul, in this order the occupants of the first positions, Prensa Latina News Agency reports said.

     

    The reference method to establish this relation is based on the cost of living in New York, which goes in the position 22 among 130 analyzed urban centers.

     

    This way, in Singapore is necessary to live with an 11 per cent more of money than in the American metropolis.

     

    While, among the cheapest cities, the Pakistani Karachi fills the first place of the 'top ten', followed by Bangalore, Caracas, Bombay, Chennai, New Delhi, Damascus, Teheran, Katmandu and Algiers.

     

    A division of the British magazine, the Economist Intelligence Unit, compares more than 50,000 prices of 160 products and services to establish its considerations of the 10 most expensive and cheaper urban centers of the planet.

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