New York, Singapore Top List of Most Expensive Cities in the World

(Bloomberg) — New York and Singapore have emerged as the joint-most expensive cities to live in, according to a new worldwide survey.

The cost of living in 172 of the world’s major cities rocketed an average 8.1% over the past year, driven by factors including the war in Ukraine and supply-chain snarls, according to the Economist Intelligence Unit’s Worldwide Cost of Living report.