- May 6, 2018
- Posted by: admin
- Category: Australia News, News
- Beating London and New York, the Australian city topped list of expensive cities
- New study named Sydney the tenth most expensive city to live in worldwide
- The research compared prices of services including food, clothing and rent
TOP TEN EXPENSIVE CITIES IN WORLD 2018
Beating London and New York, the New South Wales capital was listed the tenth most expensive city to live in world wide.
Economist Intelligence Unit’s study revealed what Sydneysiders know all too well, with the city jumping four spots higher than last year.
Sydney (pictured) has been named the tenth most expensive in the world, moving four spots higher than last year
Living in New South Wales capital is more expensive than London (right) and New York (left)
The study compared services including rent, food, clothing, petrol and cigarettes (Bondi Beach pictured)
The study compared the prices of 160 services including food, clothing and rent making Singapore the most expensive place to live in the world.
New York dropped to 13th place, down four spots since 2017, while London came in at 30th making it the cheapest it has been in more than two decades.
The study also compared the prices of products including petrol, bread, wine and cigarettes to determine the cities with the highest and lowest cost of living.