Paris, Singapore and Hong Kong tie for world’s most expensive city
Times of India 20.03.2019
Move over Singapore — the world’s most expensive city has two new rivals. After topping the Economist Intelligence Unit’s ‘Worldwide Cost of Living Survey’ for five years, Asia’s Lion City has been joined by Paris and Hong Kong in a tie at the top of the table. It is the first time in the survey’s 30-year history that three cities have shared the top spot.
The annual index compares prices of everyday items in 133 cities around the world, including recreation, education and utility bills. According to the survey, a woman’s haircut in Singapore, Paris and Hong Kong costs $96.01, $119.04 and $112.10 respectively. While parts of Asia remain the most expensive places, the continent also makes several appearances at the bottom of the list. “Bengaluru, Chennai, New Delhi and Karachi feature among the 10 cheapest locations,” the EIU said. AGENCIES
Move over Singapore — the world’s most expensive city has two new rivals. After topping the Economist Intelligence Unit’s ‘Worldwide Cost of Living Survey’ for five years, Asia’s Lion City has been joined by Paris and Hong Kong in a tie at the top of the table. It is the first time in the survey’s 30-year history that three cities have shared the top spot.
The annual index compares prices of everyday items in 133 cities around the world, including recreation, education and utility bills. According to the survey, a woman’s haircut in Singapore, Paris and Hong Kong costs $96.01, $119.04 and $112.10 respectively. While parts of Asia remain the most expensive places, the continent also makes several appearances at the bottom of the list. “Bengaluru, Chennai, New Delhi and Karachi feature among the 10 cheapest locations,” the EIU said. AGENCIES
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