For the fourth year in a row, Singapore is the most expensive city in the world.
That’s according to the Economist Intelligence Unit’s annual Worldwide Cost of Living survey, newly released for 2017.
To determine the rankings, the EIU compares the prices of more than 400 products and services worldwide, including food, drink, clothing, household supplies, and transportation. Each city is then ranked in comparison to New York on the World Cost of Living (WCOL) Index, with New York assigned a score of 100. Other cities earn a relative score, where a one-point increase or decrease equates to a 1% change in the cost of living.
Below, check out the 10 most expensive cities in the world. The average price of a loaf of bread, bottle of table wine and liter of gas is included for context, and all prices are listed in USD.
Average price of a loaf of bread: $3.55
Average price of a bottle of wine: $12.87
Average price of a liter of gas: $1.63
9. New York, United States
Average price of a loaf of bread: $7.95
Average price of a bottle of wine: $14.74
Average price of a liter of gas: $0.61
8. Paris, France
Average price of a loaf of bread: $6.81
Average price of a bottle of wine: $10.35
Average price of a liter of gas: $1.45
7. Geneva, Switzerland
Average price of a loaf of bread: $6.62
Average price of a bottle of wine: $8.20
Average price of a liter of gas: $1.52
6. Seoul, South Korea
Average price of a loaf of bread: $14.82
Average price of a bottle of wine: $26.54
Average price of a liter of gas: $1.28
5. Osaka, Japan
Average price of a loaf of bread: $5.91
Average price of a bottle of wine: $13.33
Average price of a liter of gas: $1.18
4. Tokyo, Japan
Average price of a loaf of bread: $7.41
Average price of a bottle of wine: $11.89
Average price of a liter of gas: $1.24
3. Zurich, Switzerland
Average price of a loaf of bread: $5.66
Average price of a bottle of wine: $14.17
Average price of a liter of gas: $1.49
2. Hong Kong
Average price of a loaf of bread: $4.61
Average price of a bottle of wine: $15.72
Average price of a liter of gas: $1.73
1. Singapore
Average price of a loaf of bread: $3.55
Average price of a bottle of wine: $23.68
Average price of a liter of gas: $1.44
