Wednesday, February 01, 2006

Tokyo is no longer the most expensive city

Tokyo which was ranked as the world's most expensive city to live in for many years, is now being taken over by Oslo according to a survey by the Economic Intelligence Unit. From Guardian:
The toppling of Tokyo marks the end of an era. Since 1991 a Japanese city has held the top spot; at one stage the biannual survey placed Tokyo and Osaka joint first.

Before Tokyo's ascendancy, Tehran was deemed to be the city which emptied visitors' pockets fastest due to an overvalued official exchange rate. Currency revaluations have helped Tehran become one of the cheapest places to stay: it is now in 128th position - at the foot of the table.
The article only lists the top 10 most expensive cities which does not include Singapore.

5 comments:

Shy said...

I think Sg should be among the 11-20 plus positions.

panda said...

yeah,its geisha made affordable now...

Mr Big said...

Hahahahaha!!!

I thought Singapore would be in the Top 10 at least.

primus said...

ya man. how can singapore not be one of the 10 most expensive countries.

Myra Leong said...

Good reason for us to spend more in Singapore since our country is not that expensive yet. Let's shop more!

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