Singapore remains the world’s most expensive city to live in, a study showed on March 21, with two Japanese cities – Tokyo and Osaka – returning to the top 10 thanks to the strengthening of the yen.
Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria.
Only one US city, New York, made the top 10 in the Economist Intelligence Unit’s twice-yearly “Worldwide Cost of Living” survey. It came in ninth, dropping two places on a slightly weaker dollar but still far higher than its No. 46 slot just five years ago.
Los Angeles, in 11th place, just missed the top tier.
Europe was represented in the top 10 by four cities – Zurich at three, Geneva and Paris at seventh equal, and Copenhagen tied with New York at nine.