Singapore Among World’s Most Expensive Cities.

Moving to Singapore? Start saving: The city-state is one of most expensive cities in the world – 42% more expensive than New York – topping London, Frankfurt and Hong Kong.
The Southeast Asian city joins Tokyo, Osaka and Kobe as one of the world’s top ten most expensive cities, according to the Economist Intelligence Unit’s annual cost-of-living survey, increasingly proving that Asian cities are no longer just a cheaper outpost for expats and multinationals. Though a European city – Zurich – is still the world’s most expensive, Tokyo was the runner up, with Singapore now listed as the world’s 9th most expensive city. Singapore was listed as the 6th most expensive last year, but remarkably was ranked 97th in 2001.

The survey uses prices of goods and services such as food, transportation, housing, utilities, private schools and domestic help to calculate scores for each city, using New York as its base with a score of 100. Zurich and Tokyo scored 170 and 166, respectively, indicating that they are about 70% and 66% more expensive to live in than New York.

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(Source : http://blogs.wsj.com/searealtime/2012/02/14/singapore-among-worlds-most-expensive-cities/ )

Singapore has jumped three places to become the sixth most expensive city

17-June-2011
Singapore has jumped three places to become the sixth most expensive city and third most expensive country in Asia, according to ECA international's latest cost of living survey. The high cost of living in Singapore was explained by the continued strength of the Singapore Dollar against major currencies.

It is now more expensive for international assigned to live in than Hong Kong, New York, Amsterdam, Frankfurt and Shanghai. Good & Services commonly purchased by international assignees now cost almost 3% more in Singapore than in Hong Kong. Just a year ago, they cost 5% more in Hong Kong than Singapore.