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The Traveller's Magazine
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Travellers who have stopped in Singapore know the kind of price tag that comes with it. It’ll come as no surprise that Singapore has maintained its global ranking as the most expensive city for the second year in a row.

The island nation beat out other major cities like Paris, Oslo, Zurich, London and Sydney in the Economist Intelligence Unit’s 2015 Worldwide Cost of Living Survey. The report compares the prices of products and services including food, clothing, public transportation, private schools and the cost of hiring domestic help. More than 140 cities were compared and while Singapore is a lot smaller than New York, housing prices have soared in recent years.

A vehicle-permit system makes buying cars more expensive than in other countries; it’s also the most expensive place to buy clothes, alongside Seoul. Public transportation costs are three times higher than in New York City and if you have hopes of a parking space for your already expensive car, you’ll need to bid for a limited number that are auctioned off by the government.

Who else is at the top?

  1. Singapore
  2. Paris, France
  3. Oslo, Norway
  4. Zurich, Switzerland
  5. Sydney, Australia
  6. Melbourne, Australia
  7. Geneva, Switzerland
  8. Copenhagen, Denmark
  9. Hong Kong
  10. Seoul, South Korea
Img: Choo Yut Shing / Flickr cc.

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