Under The Angsana Tree: Singapore still the world's most expensive city 2015

Welcome to Singapore, the most expensive city in the world

Downtown Singapore's skyline is dominated by massive modern towers

Singapore was just named the world’s most expensive city by the Economist Intelligence Unit (EIU)

The cosmopolitan city-state is one of the most densely populated areas in the world, but it’s also one of the wealthiest, with about 105,000 millionaires living there — and that means that it has prices to match.

The EIU reported that Singapore is the most expensive place in the world to buy clothes, but the upscale malls of Orchard Road are still bustling as shoppers vie for designer goods.

And there are deals to be had: Singapore is world-famous for its inexpensive street food. And driving may cost a fortune, there’s no need to own a car since the city has one of the most efficient and cleanest metro systems in the world. There are also dozens of free parks to wander in — Singapore is called the “garden city” for a reason, after all.

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Singapore named the most expensive city in the world for second year running

The survey is designed to help human resource managers calculate cost-of-living allowances for business travellers

Singapore has been named the most expensive city in the world for the second year in a row, in a new survey by the Economist Intelligence Unit (EIU).

The top five cities on the list remained unchanged from last year, with Paris, Oslo, Zurich and Sydney all coming consecutively after Singapore. According to the EIU, it is “relatively rare” to have an identical top five two years in a row.

The EIU’s Worldwide Cost of Living report includes 133 cities worldwide, using New York’s prices as a base. The survey is designed to help human resource managers calculate cost-of-living allowances for business travellers and compares prices across 160 products and services, including food, drink, clothing, rent and transport.

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Singapore is world’s most expensive city followed by Paris, Sydney, Hong Kong

Singapore maintains its most expensive city ranking for the second straight year. It is the joint most expensive place in the world alongside Seoul to buy clothes. AFP

Singapore remains the most expensive city to live in, topping again the Economic Intelligence Unit’s 2015 Worldwide Cost of Living Survey.

India’s Bengaluru is among the cheapest.

Worldwide cost of living index: The top 10 most expensive cities
1. Singapore
2. Paris
3. Oslo
4. Zurich
5. Sydney
6. Melbourne
7. Geneva
8. Copenhangen
9. Hong Kong
10. Seoul

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Singapore Maintains Top Spot as World’s Costliest City, EIU Says

Singapore maintained its global ranking as the most expensive city for a second straight year on higher prices of items from wine to cars, according to the Economist Intelligence Unit.

The island nation beat Paris, Oslo, Zurich and Sydney, which also retained their spots in the ranking, the EIU’s 2015 Worldwide Cost of Living Survey released Tuesday showed. The report compares the price of products and services including food, clothing, transport, private schools and domestic help in 140 cities with New York City as a base.

Singapore, smaller in size than New York City, has seen home prices surge to records in recent years amid rising wealth and an influx of foreigners. A vehicle-permit system makes cars more expensive than in other countries, while the expansion of the island’s private banking industry and the presence of regional hubs for global companies have drawn top talent, boosting salaries.

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Singapore still the world's most expensive city

Singapore kept its title as the world's most expensive city

The Southeast Asian city-state of Singapore retained its title as the world's most expensive city for the second consecutive year, the Economist Intelligence Unit (EIU) said in a new survey.

In fact, the top five priciest cities ranked in this year's Worldwide Cost of Living Survey remained unchanged from 2014: Paris ranked second followed by Oslo, Zurich and Sydney.

"This façade of relative stability is deceptive, however, and it is extremely rare for an identical top five to be achieved in ranking the global cost of living," the EIU said.

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World's most expensive cities revealed: Singapore tops the charts again - and London doesn't even make top ten

Expensive: Singapore has topped the chart as the world's most expensive city, the EIU say

Singapore tops the list of the most expensive city in the world once again, a new survey comparing the cost of living in 133 cities reveals.

Nudging just behind Singapore is Paris, followed by Oslo, Zurich and Sydney. London is the world's eleventh most expensive city, The Economists' Intelligence Unit report says. London is now as expensive as Tokyo, which was replaced by Singapore as the most expensive city last year.

Cities in Pakistan and India, including Karachi, Bangalore and Mumbai make up four out of the top five cheapest cities to live in last year.

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Singapore Maintains Top Spot as World’s Costliest City

Tourists gather around the Merlion water fountain to see the city view in Singapore on February 12, 2015. (AFP Photo/Roslan Rahman)

Singapore maintained its global ranking as the most expensive city for a second straight year on higher prices of items from wine to cars, according to the Economist Intelligence Unit.

The island nation beat Paris, Oslo, Zurich and Sydney, which also retained their spots in the ranking, the EIU’s 2015 Worldwide Cost of Living Survey released Tuesday showed. The report compares the price of products and services including food, clothing, transport, private schools and domestic help in 140 cities with New York City as a base.

Singapore, smaller in size than New York City, has seen home prices surge to records in recent years amid rising wealth and an influx of foreigners. A vehicle-permit system makes cars more expensive than in other countries, while the expansion of the island’s private banking industry and the presence of regional hubs for global companies have drawn top talent, boosting salaries.

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Singapore world's most expensive city

Singapore topped the list for a second time (file)

A new report has listed major Asian, Australian and Western European cities amongst the most expensive places to live in the world.

Singapore come out on top while Paris, Oslo, Zurich and Sydney rounded out the top five, matching a 2013 report on the same subject.

The list is produced by the Economist Intelligence Unit (EIU) biannually, and surveys 133 cities on the cost of 160 services and products including food, clothing and utility bills.

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