By Nina Hobson on Mar 21, 2019 in Asia, California, China, Denmark, Europe, France, Hong Kong, Israel, Japan, Middle East, New York, North America, Regions, Singapore, South Korea, Switzerland, USA, Western Europe
Ever raised an eyebrow at the price of a meal on holiday? Spare a thought for those that live there. The Economist Intelligence Unit has published its annual Worldwide Cost of Living survey and it makes for very interesting reading.
The survey was created to help companies calculate cost-of-living for expatriates and business travellers. Comparing the cost of 160 items, including food, drink, transport, utility bills and rent in 133 cities, it tracks whether prices have gone up or down by comparing them with their equivalents in New York, which is used as a benchmark.
The title of most expensive city is shared by Paris, Hong Kong, and Singapore — the first time in the survey’s 30-year history that three cities share the top