Singapore World's Most Expensive Cities Replaces Tokyo
The results of a survey conducted by an economic institution, the Economist Intelligence Unit (EIU) based on cost of living, shows that Singapore is the most expensive city in 2014 compared to 131 cities in the world, where the year before Tokyo is the most expensive city in 2013, one due to weakening of the yen against the USD.
It is to be expected if the dynamics of the fastest growing economics in Asia, so this year's 10 most expensive cities is dominated by cities in Asia and of course will include cities in Australia, and Europe.
What do the tourists opinion while in this city? Singapore is the most expensive place to buy clothes and things, maybe. In every activity will be immediately perceived spending by migrants and tourists, currency exchange strong impact on the items to be purchased. The rising of Singapore dollar exchange rate by 40 percent has pushed up the price of goods as well as encourage Singapore rose to the position of the most expensive cities in the world.
Survey further said that another thing that makes this city a very high expensive is the cost of ownership of vehicles and the increase in electricity tariff.
Here's a list of 10 most expensive city in the world according to the EIU survey.
1. Singapore
2. Paris
3. Oslo
4. Zurich
5. Sydney
6. Caracas, Geneva, Melbourne, Tokyo
10. Copenhagen
However if you want to travel in Asian cities, does not mean it will find the same thing. Not all the cities in Asia is become the most expensive.
You can find the cities with the cheaper cost of living (in the least order of the EIU's list), for example, major cities in India, Mumbai and New Delhi, and also Kathmandu.
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(Source BBC Indonesia, Kompas /Image V Saver)
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