Is singapore the most expensive city in the world?
According to the Economist Intelligence Unit it is. On other surverys/studies, you may find different results. The Economist Intelligence Unit has an Worldwide Cost of Living ranking which is based on price data that are adjusted for recent exchange-rate movements.
In 2015, they have listed the top-ten locations surveyed:
Bloomberg, BBC, news.com.au, and other news agencies got their news from a report.
The report (basically you can consider evidence) can be found HERE which can be bought for 995$ (over-expensive). The report contains:
- Table ranking 131 cities around the world, based on their relative cost of living.
- The table also includes each city's rank from last year, 5 years ago and 10 years ago.
- Analysis of key trends and regional differences
- Assessment of the impact of key trends such as currency swings, local inflation and the Eurozone crisis on the cost of living in
cities around the world
- Regional analysis comparing the key trends taking place in Europe, Asia, Latin America and North America
- Assessment of sub-continental bargains and the ten least expensive cities in the ranking
- Assessment of the key trends that will affect the cost of living in cities in the future
Update: I was able to download a free sample report from their website. You can see it here. You may read it and in case you're skeptical about any unreferenced claim there, you can ask about it.
Additional note: It is reported that in Singapore, the study found, a loaf of bread, a bottle of wine, and a pack of cigarettes will together cost the equivalent of $39.11. Can you relate to that, since you were in Singapore? This would cost in my country Lebanon, 5$ or 6$ only.