Rising costs in cities are often driven by a vibrant job market attracting skilled workers with high wages, said Anthony Breach, an analyst with the British think tank Centre for Cities - which was not involved in the study.

Urban planners need to plan ahead and build more housing to keep prices affordable and overall costs down, Breach told the Thomson Reuters Foundation.

Paris and Hong Kong for the first time joined Singapore as the world's most expensive cities to live in, a study revealed on Tuesday, with utilities and transport driving up the cost of living.


Zurich, Geneva and Japan's Osaka trailed closely, with emerging market cities like Istanbul and Moscow plummeting down the ranking due to high inflation and currency depreciation, said the Economist Intelligence Unit's bi-annual survey of 133 cities.
http://tellmystory.com.ng/story/ten-most-expensive-cities-in-the-world

london nko

copenhagen more expensive than los angelis?

Copenhagen more expensive than Los angelis?

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