The most expensive and cheapest cities in the world 2018

Expensive and Cheapest cities in the world 2018

The most expensive and cheapest cities in the world 2018, The British magazine Economist Intelligence Unit ( EIU ) presented the rating of the most expensive and cheapest cities in the world over the past year, TASS reported. There are 133 cities in the list.

The main criterion for evaluation was the standard of living in New York. At the head of the ranking was Singapore, the second line was occupied by Paris and Zurich, in third place - Hong Kong. Close the top ten Israeli Tel Aviv and Australian Sydney.

Moscow and St. Petersburg are located on the twelfth and fourteenth places, having risen for six years in a year. The authors of the study named one of the reasons for the growth of the "strong ruble". The absence of the first ten American cities, they explained the fall in the dollar.

As experts noted, the cost of living in cities depends on their location: thus, the determining factor for Asian cities is the cost of products, for
European prices for services.

The cheapest cities on the planet, which ranked last in the ranking, were Damascus (Syria), Caracas (Venezuela) and Alma-Ata (Kazakhstan).

The most expensive and cheapest cities in the world 2018 in list

The ten most expensive cities in the world

Singapore	Singapore	1
France	Paris	2
Switzerland	Zurich	2
Hong Kong	Hong Kong	4
Norway	Oslo	5
Switzerland	Geneva	6
South Korea	Seoul	6
Denmark	Copenhagen	8
Israel	Tel Aviv	9
Australia	Sydney	10

Summary about cost of living in Singapore:

• Four-person family monthly costs: 3,439.61$ (4,532.03S$) without rent (using our estimator).


• A single person monthly costs: 937.96$ (1,235.86S$) without rent.


• Cost of living index in Singapore is 143.22% higher than in Skopje.


• Cost of living rank 26^th out of 566 cities in the world.


• Singapore has a cost of living index of 92.16.

The ten cheapest cities in the world

Syria	Damascus	133
Venezuela	Caracas	132
Kazakhstan	Almaty	131
Nigeria	Lagos	130
India	Bangalore	129
Pakistan	Karachi	127
Algeria	Algiers	127
India	Chennai	126
Romania	Bucharest	124
India	New Delhi	124

and because I live in Macedonia, also I will add as well the Summary about cost of living in Skopje:

• Four-person family monthly costs: 1,584.43$ (79,387.71ден) without rent (using our estimator).


• A single person monthly costs: 469.78$ (23,538.53ден) without rent.


• Cost of living index in Skopje is 62.11% lower than in New York.


• Cost of living rank 485^th out of 566 cities in the world.


• Skopje has a cost of living index of 37.89.

 

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