Where are the cities with the highest cost of living?

According to The Economist's EIU Report Worldwide Cost of Living Report 2017, Singapore is the world's most expensive city to live in. The report states that the Lion City has an index of 120, an increase from 116 in the previous year's report. For the past four years, Singapore has consistently ranked as the most expensive city to live in.

Hong Kong and Zurich follow in second and third place, with indices of 114 and 113 respectively. Two Japanese cities, Tokyo and Osaka, are new entrants to the top 10, ranking 4th and 5th respectively, displacing London and Los Angeles from the list of the 10 most expensive cities to live in.

This survey by The Economist Intelligence Unit compiles an index based on the prices of 160 goods and services purchased by consumers. These prices are collected and converted into US dollars. The cost of living index is based on an international lifestyle and is not geared towards the spending patterns of any specific country.