Every year, the Economist Intelligence Unit releases its report on which cities are the most expensive and the cheapest to live in.
The report looks at factors including food costs, fuel costs, and salaries.
9. Seoul, South Korea
8. Copenhagen, Denmark
7. New York City
3. Hong Kong
… and the winner is
The small island city-state retained its title as the world’s most expensive city for a third year in a row, but the EIU says its lead over the likes of New York and Hong Kong “has nearly evaporated” because of the surge in the cost of living elsewhere.