Singapore is 13th most expensive city in the world

According to Mercer Worldwide Cost of Living Survey Singapore is now the 13th most expensive city in the world and the 5th most expensive in Asia.

Singapore's rise in rankings is partly due to the appreciation of the Singapore dollar against the US dollar.

The research confirms the global trend in price increases for certain food products and petrol.

After living in Singapore for almost a year I find it not surprising.

A disturbing factor though is that still a majority of the people work for a salary of around 1200S$ which is very little if you live in the 13th most expensive city in the world!

Here the top 20 as published by Mercer:

1. Moscow
2. Tokyo
3. London
4. Oslo
5. Seoul
6. Hong Kong
7. Copenhagen
8. Geneva
9. Zurich
10. Milan
11. Osaka
12. Paris
13. Singapore
14. Tel Aviv
15. Sydney
16. Dublin
17. Rome
18. St. Petersburg
19. Vienna
20. Beijing