Singapore is the world’s most costly city – for the second time in succession. The British magazine The Economist looked at more than 130 of the world’s significant urban areas. Paris, Oslo and Zurich follow the Southeast Asian city as the most costly urban communities on the planet.
The investigation utilizes New York as the reason for computing and looking at the average cost for basic items. It shows that Singapore is more costly than whatever other significant world urban areas with regards to shopping, transportation and nourishment. The report expresses that owning a vehicle in Singapore is almost exorbitant. Garments cost twice as much as in New York. The city is encountering rising lodging costs as an ever increasing number of outsiders decide to live there.
Singapore is additionally a monetary and banking focus and is turning into the Asian central command of numerous worldwide organizations. Notwithstanding such significant expenses Singapore is as yet a significant travel goal. Furthermore, the city-state praises its 50th birthday celebration this year.
Understood urban communities have vanished from the select rundown, including Tokyo, somewhat in view of the declining estimation of the yen. Paris remains the most costly European city, regardless of the feeble euro.
Toward the finish of the rundown Karachi, Pakistan is as of now the world’s least expensive city. Among the most affordable urban areas are three from India: Bangalore, Mumbai and Chennai.