The cities of Singapore, Paris and Hong Kong topped the list of the world's most expensive cities for the year 2019, according to the classification of the newspaper "Accumulate Intelligence Unit".
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Singapore has maintained its list of the most expensive cities in the world for five consecutive years. Living in these three cities is 7% more expensive than New York, which came in seventh on the list.
Among the top 10 cities are Geneva, Copenhagen, Osaka, Japan and Seoul, the capital of South Korea, Los Angeles ranked 10th in partnership with Tel Aviv.
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The Syrian capital, Damascus, is the world's cheapest city, followed by the capital city of Caracas.
According to press reports, the center of five cities in Australia and two cities in New Zealand fell in rank among the world's most expensive cities, due to weak local currencies.
