Cityscape of Singapore, Republic of Singapore

Singapore Named Most Expensive City in the World

A recent study by the Economist Intelligence Unit (EIU) has named Singapore as the most expensive city in the world for 2014. Tokyo, 2013′s champion, was displaced to a joint sixth with Caracas (Venezuela), Melbourne (Australia) and Geneva (Switzerland). The Worldwide Cost of Living Survey takes into account some 400 individual prices in 131 countries to calculate overall…