The Supertree Grove at Gardens by the Bay in Singapore
Singapore is the most expensive city in the world, according to new data
It takes the title from tokyo, thanks in part to inflation, high transportation costs, high utility costs, and an excess of luxury retailers.
Tokyo remains the priciest location for everyday food items, while European cities tend to be priciest for recreation and entertainment.
New York City ranked #26 in EIU’s ranking, a jump of only one spot from 2013. In comparison, it rose 19 spots the previous year.
The survey calculates cost of living based on prices for 160 products and services, including food, clothing, rent, and transportation. Each cost of living index is set in relation to New York’s, which is fixed at a base of 100. We’ve selected a few price points to highlight costs in the world’s most expensive cities.
#10 Copenhagen
Copenhagen ranked #15 last year. The current cost of living index is 117.
Loaf of white bread:
- Today: $4.82
- Last year: $4.47
- 5 years ago: $3.82
Bottle of table wine:
- Today: $13.70
- Last year: $12.03
- 5 years ago: $10.79
1 liter unleaded petrol:
- Today: $2.18
- Last year: $2.07
- 5 years ago: $2.05
#6 (tie) Tokyo
Tokyo ranked #1 last year. The current cost of living index is 118.
Loaf of white bread:
- Today: $7.12
- Last year: $9.06
- 5 years ago: $7.55
Bottle of table wine:
- Today: $12.53
- Last year: $15.95
- 5 years ago: $12.13
1 liter unleaded petrol:
- Today: $1.73
- Last year: $1.97
- 5 years ago: $1.69
#6 (tie) Melbourne
Melbourne ranked #4 (tie) last year. The current cost of living index is 118.
Loaf of white bread:
- Today: $4.43
- Last year: $4.87
- 5 years ago: $3.77
Bottle of table wine:
- Today: $22.28
- Last year: $25.03
- 5 years ago: $17.45
1 liter unleaded petrol:
- Today: $1.35
- Last year: $1.49
- 5 years ago: $1.28
#6 (tie) Geneva
Last year, Geneva ranked #11. The current cost of living index is 118.
Loaf of white bread:
- Today: $6.38
- Last year: $5.63
- 5 years ago: $5.86
Bottle of table wine:
- Today: $8.39
- Last year: $8.19
- 5 years ago: $7.42
1 liter unleaded petrol:
- Today: $1.96
- Last year: $2.04
- 5 years ago: $1.69
#6 (tie) Caracas
Caracas ranked #9 last year. The current cost of living index is 118.
Loaf of white bread:
- Today: $11.02
- Last year: $9.40
- 5 years ago: $6.98
Bottle of table wine:
- Today: $22.41
- Last year: $18.14
- 5 years ago: $14.61
1 liter unleaded petrol:
- Today: $0.02
- Last year: $0.02
- 5 years ago: $0.05
#5 Sydney
Sydney ranked #3 last year. The current cost of living index is 120.
Loaf of white bread:
- Today: $4.65
- Last year: $5.03
- 5 years ago: $3.52
Bottle of table wine:
- Today: $22.58
- Last year: $25.38
- 5 years ago: $18.27
1 liter unleaded petrol:
- Today: $1.35
- Last year: $1.50
- 5 years ago: $1.28
#4 Zurich
Loaf of white bread:
- Today: $6.19
- Last year: $6.08
- 5 years ago: $5.13
Bottle of table wine:
- Today: $15.82
- Last year: $16.74
- 5 years ago: $12.24
1 liter unleaded petrol:
- Today: $2.06
- Last year: $2.01
- 5 years ago: $1.69
#3 Oslo
#2 Paris
Paris ranked #8 last year. The current cost of living index is 129.
Loaf of white bread:
- Today: $8.44
- Last year: $8.95
- 5 years ago: $7.31
Bottle of table wine:
- Today: $11.45
- Last year: $9.45
- 5 years ago: $8.62
1 liter unleaded petrol:
- Today: $2.50
- Last year: $2.38
- 5 years ago: $2.44
#1 Singapore
Singapore ranked #6 last year. The current cost of living index is 130.
Loaf of white bread:
- Today: $3.36
- Last year: $3.25
- 5 years ago: $2.90
Bottle of table wine:
- Today: $25.04
- Last year: $25.65
- 5 years ago: $22.52
1 liter unleaded petrol:
- Today: $1.73
- Last year: $1.74
- 5 years ago: $1.36
The Gaetano Group 
