...And the world's most expensive city in the world is... Singapore!
High living costs, inflation and currency appreciation earned Singapore the top spot.
This is from a report by The Economist.
The magazine found transportation costs in Singapore are nearly three times higher than in New York! Blame that on high entitlement fees for car owners.
The report named Paris the second most expensive city.
Oslo, Norway came in third.
Last year's title holder, Tokyo, fell to sixth.