'Cost of Living Index 2021' released by Economic Intelligence Unit

'Cost of Living Index 2021' released by Economic Intelligence Unit

Daily Current Affairs   /   'Cost of Living Index 2021' released by Economic Intelligence Unit

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Category : International Published on: December 02 2021

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  • According to a report released by the Economic Intelligence Unit, Tel Aviv, Israel's capital, has become the most expensive city in the world to live in, as soaring inflation and supply-chain issues drive up prices worldwide.
  • The Israeli city topped the Economist Intelligence Unit's (EIU) study for the first time, Last year it was in fifth place.
  • Paris and Singapore are tied for second place, with Zurich and Hong Kong following in fourth and fifth place, respectively.
  • Damascus, Syria's war-torn capital, maintained its position as the world's cheapest city.

Important takeaways

List of Top 10 most expensive cities

 

Rank

Cities

Country

1

Tel Aviv

Israel

2

Paris

France

2

Singapore

Singapore

4

Zurich

Switzerland

5

Hong Kong

Hong Kong

6

New York

United States

7

Geneva

Switzerland

8

Copenhagen

Denmark

9

Los Angeles

United States

10

Osaka

 Japan

 

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