Singapore back among top 20 most expensive locations in the world: ECA International

SINGAPORE (Dec 17): Singapore is once again the world’s top 20 most expensive locations for expatriate workers, with the city state taking its spot at 18th globally and 9th within Asia, according to the latest Cost of Living survey published by ECA International.

Last year, Singapore was ranked 21st most expensive city in the world for expats, dropping from 16th in 2016. But its 9th position within the region has remained unchanged since 2016.

“The Singapore dollar has performed strongly this year, resulting in a slight rise in Singapore’s rankings, up three places to become the 18th most expensive location in the world,” says Lee Quane, Regional Director – Asia for ECA International. “Singapore has long been considered one of the most expensive cities for expats to live and work in and this looks set to continue. However, the cost of living is still below that of other Asian locations with large expatriate populations such as Hong Kong, Tokyo, and Shanghai.”

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