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Services includes home rents to transport, utility bills and private schools to domestic help. The prices of commodities are gathered from three types of stores: supermarket, medium-priced retailers and more expensive specialty shops. Only those outlets were considered where the quality of the products are comparable to international standards.
The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other territories since 1990. The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries.
The survey has been carried out for more than 30 years. The most recent survey was published in March 2017. Singapore remains the most expensive city in the world for the fourth year running, in a rare occurrence where the entire top five most expensive cities were unchanged from the year prior. [7]
Even though Finland is one of the world's most expensive countries to live in, rent prices are relatively low, averaging $799.76 per month. Groceries run about 13% cheaper, though healthcare is ...
The U.S. isn't the cheapest country in the world to live in, however, it's not the only place where your dollar doesn't stretch as far as it could.
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Singapore and Zurich are the most expensive cities in the world to live in, according to a new report. The Southeast Asia hub retains the spot it held last year, with Switzerland ’s largest city ...
These are lists of the world's most expensive cities for expatriate employees (not residents), according to the Mercer, [1] ECA International [2] and Xpatulator.com [3] cost-of-living surveys. Other surveys from online collaborative indices, such as Numbeo, [4] Expatistan, [5] or Eardex [6] are not covered by this article.