Strong economic growth in the United States led to a rise up the rankings for 14 of the 16 American cities included in the index
from The Economist Intelligence Unit gives the title of the world’s most expensive city to three places. Singapore marks its sixth straight year at the top of the rankings, and is joined there by Hong Kong and Paris. The survey, which compares prices across 160 products and services, finds that living costs in all three cities are 7% higher than in New York, the benchmark city.
Strong economic growth in the United States in 2018 led to a sharp appreciation of the dollar and a rise up the rankings for 14 of the 16 American cities for which prices are collected. The highest climbers were San Francisco and Houston ; New York itself moved up six spots to seventh and Los Angeles rose by four places to tenth. These movements represent a sharp increase in the relative cost of living compared with five years ago, when New York and Los Angeles tied in 39th position.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore is holding on to its title as the most expensive city in the world — but this time, it's sharing the No. 1 spot with 2 other citiesIn this year's Worldwide Cost of Living report, the No. 1 spot for most expensive city goes to three different locations: Singapore, Paris, and Hong Kong.
Read more »
The New Pastry Stars of Paris: A Traveler’s GuideNext-generation French pastry chefs are whipping up an Instagram frenzy but binging on their concoctions offline is so much better. Here, 5 of the sweetest spots in Paris.
Read more »
French violence flares as yellow vest protests enter fourth monthRioters set fire to a bank and ransacked stores on Paris' landmark shopping...
Read more »
French politicians condemn violent street clashes in ParisFrench Interior Minister Christophe Castaner and Paris Mayor Anne Hidalgo were among the first to condemn Saturday’s violent clashes and lootings in the French capital driven by the Yellow Jackets movement
Read more »
The Latest: Posh Paris restaurant set on fire amid protestsPARIS (AP) — The Latest on yellow vest protests in France (all times local):
Read more »
Paris bank set on fire in French Yellow Vest protestsProtesters clash with riot police near Champs-Elysees avenue, vandalise luxury stores and set fires during the 18th straight week of anti-government rallies.
Read more »
French rioters set fire to Paris bank; mother, child savedPARIS (AP) — French yellow vest protesters set life-threatening fires, smashed up luxury stores and clashed with police Saturday in the 18th straight weekend of demonstrations against President...
Read more »
Blazes, clashes hit Paris during Yellow Vest protestsProtesters clash with riot police near Champs-Elysees avenue, vandalise luxury stores during 18th straight week of anti-government rallies.
Read more »