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Singapore and Zurich tie for top ranking among world's most expensive cities

  • Singapore and Zurich tied for the top spot in the most expensive cities ranking, while New York dropped to third place.
  • Singapore regained its position at the top of the rankings due to high price levels in various categories, including transport, clothing, groceries, and alcohol.
  • Chinese and Japanese cities experienced a significant drop in the rankings due to the weakening of the Chinese yuan and Japanese yen.
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Zurich climbed from sixth place and tied with Singapore due to rising prices for food, household and recreational supplies, as well as due to the Swiss franc. New York fell to third place, tying with Geneva, while Hong Kong was fifth.

·Belgrade, Serbia
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  • 36% of the sources are Center, 36% of the sources lean Right
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Financial Post broke the news in Canada on Thursday, November 30, 2023.
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