This report from The Economist Intelligence Unit (EIU), summarizes the findings of the latest Worldwide Cost of Living Survey. The report is based on a purpose-built Internet tool that helps compare more than 400 individual prices across 160 products and services.
Singapore continues to be the most expensive city in the world for the third year in a row, followed by a tie between Zurich and Hong Kong. Geneva and Paris also occupy top five.
Weak confidence in the euro means that Paris is the only euro zone city in the top ten. Asian cities tend to form the priciest locations for general grocery shopping, with Seoul the most expensive location for everyday food items.