For anyone who grumbles over the high cost of living from their cramped New York apartment or London flat, there is much more to complain about elsewhere.
In The Economist‘s latest “Worldwide Cost of Living Report”—which surveys the costs of items like wine, bread, and gas—it turns out that Asia is by far the most expensive place in the world to live. Wealth Management broke it down into bite-sized pieces. Take a look at the top five most expensive places to live below, along with what the bare minimum costs in U.S. dollars.
(1) Singapore
Loaf of Bread: $3.55
Bottle of Wine: $23.68
1 Liter of Gas: $1.44*
(2) Hong Kong, China
Loaf of Bread: $4.61
Bottle of Wine: $15.72
1 Liter of Gas: $1.73
(3) Zurich, Switzerland
Loaf of Bread: $5.66
Bottle of Wine: $14.17
1 Liter of Gas: $1.49
(4) Tokyo, Japan
Loaf of Bread: $7.41
Bottle of Wine: $11.89
1 Liter of Gas: $1.24
(5) Osaka, Japan
Loaf of Bread: $5.91
Bottle of Wine: $13.33
1 Liter of Gas: $1.18
*i.e. approximately 0.26 gallons
Below, take a gander at some luxury homes in Singapore. Could you afford to make the jump?
—RealClearLife
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