Singapore Named as the World’s Most Expensive City; Here the Reasons!

Singapore Named as the World’s Most Expensive City; Here the Reasons!

The Economist Intelligence Unit (EIU) named Singapore as one of the most expensive countries to live in the world. Even the country was named as the most expensive city for four consecutive years since 2014.The coronation is based on several things including cost of living, strong currency, running a car, soaring utility bills, and even expensive place to buy clothes. The Cost of Living The cost of living in Singapore is above average compared to other cities in the world, such as New York, Tokyo, London, Paris, Beijing and Moscow.This…