Business: Singapore, Paris, Hong Kong Tie for World’s Most Expensive City

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Business: Singapore, Paris, Hong Kong Tie for World's Most Expensive City By Tim Cohen tim_cohen

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.

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