Seoul ranked 6th most expensive city in world, Singapore tops list

  • 6 years ago
Seoul has been ranked the sixth most expensive city in the world to live in,... this according to the Economist Intelligence Unit's latest Worldwide Cost of Living report.
The South Korean capital's ranking was unchanged from last year,... but it now has the highest average price for a one-kilogram loaf of bread and the highest average price for a bottle of wine among the top ten.
Singapore was ranked the world's most expensive city for the fifth straight year,... with Tokyo and Osaka dropping out of the top ten due to Japan's low inflation rate.
The weakening dollar meant no American city was among the top ten despite a rise in the relative cost of living in the U.S. over recent years.