Summary of Worldwide Cost of Living 2016

A Special Report from The Economist Intelligence Unit

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Worldwide Cost of Living 2016 summary
Don’t leave home without this critical information on the cost of living around the world.

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Recommendation

Whether you’re a tourist, expat or corporate manager in charge of far-flung operations, this twice-yearly survey from the Economist Intelligence Unit on the cost of living in world-class cities is required reading. The report’s research on more than 160 day-to-day expenditures reveals shifting patterns in the prices of food, housing, entertainment and other living expenses in major cities. getAbstract recommends this concise overview to financial and HR executives responsible for crafting employee compensation and relocation packages, as well as travel expense budgets.

In this summary, you will learn

  • Which cities around the world have the highest and lowest costs of living in 2016
  • What developments during 2016 could affect the cities’ standings
 

Summary

The latest survey of the costs of living around the world – covering outlays for groceries, rent, utilities, household maintenance, child care, schooling, entertainment, transportation and other everyday items – reveals that Singapore remains the world’s most expensive city. Residents face especially...
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The Economist Intelligence Unit is an independent research and analysis organization.


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