Top most expensive cities in the world

04.12.2023 The analytical division of the British magazine The Economist (Economist Intelligence Unit, EIU – Approx.) has published a rating of the most expensive cities in the world.

The rating is updated twice a year and is based on a comparative analysis of 200 categories of goods and services, including food, clothing, electricity bills and gasoline costs. In total, EIU experts studied living conditions in 173 cities around the world.

The same indicators, the first place was shared by Zurich and Singapore. Zurich, the business and financial capital of Switzerland, has risen five positions in six months. This is understandable, given the financial stability of the Swiss franc against the background of instability of other national currencies, as well as the overall high standard of living in Switzerland. Singapore has previously occupied the highest ranks of the rating.  
Geneva and New York shared the 3rd and 4th places in the ranking.

According to the EIU, the cheapest city in the world is now Damascus, followed by Tehran and the Libyan capital Tripoli.

Link to source: https://www.eiu.com/n/singapore-and-zurich-top-the-list-as-the-worlds-most-expensive-cities