Cities in Western Europe, Asia and Australia are represented on the list of the top ten most expensive cities to live in, but for the second year in a row Singapore thrones on top of the list, according to a report made by the Economist Intelligence Unit, and which is published twice a year.
One of the reasons why Singapore is the world's most expensive city to live in, is that it's terribly expensive to own a car in the country. License fees makes the cost $116,390 (US dollars), just to own a regular passenger car, according to AFP Relax News.
That makes it three times as expensive to own a car in Singapore as in New York, which in 2015 is number 22 on the list of the world's most expensive cities to live in.
The top five most expensive cities in the world are the same as a year ago, and Oslo is placed at 3rd place this year as last year, up one position from 2013.
Copenhagen in Denmark goes up from tenth place last year to eighth place in this year's list of the world's most expensive cities.
Five years ago, South Korea's capital Seoul was ranked number 50 on the list of expensive cities, but because the Japanese currency has been weakened, Tokyo and Osaka disappears from the top ten, leaving tenth place to Seoul.
Here is the list:
1. Singapore, Singapore
2. Paris, France
3. Oslo, Norway
4. Zurich, Switzerland
5. Sydney, Australia
6. Melbourne, Australia
7. Geneva, Switzerland
8. Copenhagen, Denmark
9. Hong Kong, China
10. Seoul, South Korea
DON'T MISS A POST - FOLLOW US ON FACEBOOK!
Comments at Speisa are unmoderated. We do believe in free speech, but posts using foul language, as well as abusive, hateful, libelous and genocidal posts, will be deleted if seen. However, if a comment remains on the site, it in no way constitutes an endorsement by Speisa of the sentiments contained therein.comments powered by Disqus
Police officers again turned their backs to New York City Mayor
Several thousand police officers today participated in their murdered colleague's funeral in New York. Many of them again turned their backs to Mayor Bill de Blasio.