Summary of Worldwide Cost of Living 2014

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

Worldwide Cost of Living 2014 summary
Start getting smarter:
or see our plans




  • Comprehensive
  • Scientific
  • Overview


The Economist Intelligence Unit’s semiannual survey of prices in the world’s major metropolises helps managers understand the costs of living overseas so they can devise appropriate relocation and compensation packages for expatriate employees. The survey reports real prices that residents in 140 cities across 93 countries pay for food, transport, clothing and other daily essentials, as well as for discretionary items, such as entertainment. A US dollar-pegged index enables city-to-city comparisons and ranks places from the most expensive to the least. getAbstract recommends this succinct but illuminating overview of the survey’s results to human resources professionals and to current and future expatriate executives.

About the Author

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



Singapore has grabbed the top spot as the world’s most expensive city. Since 2004, when it ranked 18th overall, the city-state has seen prices climb due to inflation and a 40% appreciation of its currency. Several factors contribute to its elevated cost of living: High auto registration fees drive transportation costs to three times those of New York City. Singapore has to import water and power, making its utilities the third costliest in the world. It also boasts the highest clothing prices, partly due to consumers’ demand for imported luxury items. Singapore...

More on this topic

The Future Is Asian
The Spider Network
The 2018 Report of the Lancet Countdown on Health and Climate Change
Fight the Pandemic, Save the Economy
What a Solidarity Economy Looks Like
MBS Wants Saudi Arabia Fund to Reach $2 Trillion in Assets

Related Channels

Comment on this summary