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Worldwide Cost of Living 2018
Report

Worldwide Cost of Living 2018

Which global cities have the highest cost of living?

EIU, 2018

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Editorial Rating

8

Qualities

  • Applicable
  • Overview
  • Engaging

Recommendation

Decisions about where to live or do business are complex and filled with trade-offs. The 2018 edition of the Economist Intelligence Unit’s annual report on the cost of living around the world adds an accessible guide to the roster of resources. It clearly lays out rankings of major cities’ wallet-friendliness and identifies the important factors that determine living costs. getAbstract recommends it to executives charged with making corporate location choices and to those contemplating a move to another part of the world.

Take-Aways

  • In 2018, for the fifth year running, Singapore takes the top position as the world’s most expensive of 133 cities surveyed. Holding slots two through five are Paris, Zurich, Hong Kong and Oslo.
  • Damascus, Caracas, Almaty, Lagos and Bangalore occupy the bottom five spots. 
  • A weaker US dollar pushed New York City down four notches to 13th place.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.


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