SINGAPORE, Nov 18 — Singapore is no longer the world’s most expensive city for expatriates to live in, but it is still in fourth place, according to a survey done by the Economist Intelligence Unit (EIU).
This is the first time in seven years that Singapore did not clinch the top spot in the EIU’s 2020 Worldwide Cost of Living survey.
The latest rankings, published today, showed that Singapore and the Japanese city of Osaka, which shared joint-first positions with Hong Kong in March this year, were overtaken by France’s capital Paris and Switzerland’s largest city Zurich.
Osaka is now in fifth place, tying with Tel Aviv, the economic centre of Israel. The survey compares the price of a basket of 138 items in about 130 cities around the world and is conducted twice yearly.
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