Singapore regains its rank among the world’s most expensive cities

Written By: Paramita Sarkar

Paramita Sarkar

Story-telling has been one of my favourite passtimes and when it is about travel, every other activity seems to fall short. I started my journey as a freelancer close to two decades ago having worked with various online portals inclduding Sambhar Stories, Thirllophilia and so on. Down the years, life has rewarded me with experiences, only adding to my writing practice. Even though teaching has been my primary profession and passion, choosing the job of a travel journalist was not quite dilemmatic when selected by the esteemed editorial team of Travel And Tour World. Knowing and letting readers know about the quaint yet intriguing desintions across the globe through writing is something I always cherish and put in my best endeavour to.

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December 1, 2023 12:43 GMT+5:30

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Singapore regained the top of the rankings for the ninth time in the past eleven years.

It is on the basis of high price levels across several categories.

The city state has the world’s highest transport prices, owing to strict government controls on car numbers. It is also amongst the most expensive for clothing, groceries and alcohol.

Zurich’s rise reflected the strength of the Swiss franc and high prices for groceries, household goods and recreation, it said.

Geneva and New York tied for third place, while Hong Kong was fifth and Los Angeles in sixth.

Asia continues to see relatively lower price increases on average compared to other regions, it said.

Chinese cities have fallen in its rankings with four cities-Nanjing, Wuxi, Dalian and Beijing. These cities are among the biggest movers down the rankings this year along with Osaka and Tokyo in Japan.