World's Most Expensive City named

Update: 2016-03-10 11:27 GMT
Singapore emerges as World's Most Expensive City in a recent survey. Zurich and Hong Kong jointly occupy the second position.

As per the Economist Intelligence Unit (EIU) survey, Singapore obtained the highest score of 116 to top the chart of cost of living. Zurich and Hong Kong managed score of 114 each.

Shanghai equals Tokyo in the Most Expensive City chart. Tokyo is one city which is ranked as World's Most Expensive City more number of times in the last two decades.

Paris is currently 5th Most Expensive City. New York is one among 10 Most Expensive Cities in the World. About 8 out of 133 Surveyed Cities remained unchanged in the past one year.

About 5 out of 10 Cheapest Cities in the World are in India and Pakistan. The survey was based on the comparison of price tags of 160 products and services.
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