After topping the Economist Intelligence Unit’s Worldwide Cost of Living Survey for five years, Asia’s Lion City has been joined by Paris and Hong Kong in a tie at the top of the table.
The survey is designed to help companies calculate cost-of-living allowances and build compensation packages for expatriates and business travellers. The Japanese port city of Osaka was another re-entry, moving up six spots to number five. Seoul , Copenhagen and Tel Aviv round out the top 10 — which actually consists of 11 cities thanks to tied places.