For the ninth time in 11 years, Singapore is the world's most expensive city.⁠ ⁠ Comparing over 400 individual prices across more than 200 goods and services, the Economist Intelligence Unit's annual survey found that global prices rose 7.4% year-on-year, on average, in local currency terms.⁠ ⁠ Driven by high prices for transport, clothing, and rent, Singapore held onto its' top position, while New York fell after being tied for first in 2022.⁠ ⁠ Three US cities made the top 10 in NYC, LA, and SF, while Europe represented four of the top 10. The cheapest city in the rankings was Damascus, Syria.⁠ ⁠ #globaleconomy #costofliving #useconomy #singapore #businessnews #finance