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These Are The Most And Least Expensive Cities In The World

A general view of the financial business district in Singapore on February 23, 2015.
ROSLAN RAHMAN via Getty Images
A general view of the financial business district in Singapore on February 23, 2015.

The Economist Intelligence Unit's latest World Cost Of Living Survey has revealed the cheapest and most expensive cities to live in.

In what economists call "very rare", the top five has remained unchanged from last year's index.

They calculate the listings by comparing cost of more than 160 services and products including food, clothing, wine and cigarette costs - y'know, the essentials - and use New York City as a base by which the other 133 cities are judged.

The most expensive:

World's Most Expensive Cities To Live In

Infographic provided by Statista

The least expensive:

World's Least Expensive Cities To Live In

"The purpose of a cost of living allowance is to reimburse employees for excess living costs resulting from a foreign assignment," The Economist's Intelligence Unit said. That's all well and good, but we'll mostly be using to figure out where we can get a cheap holiday.

The boffins who worked it all out also wanted to make it clear that Zurich and Geneva would top the list if Switzerland's recent economic upturn had been taken into account.

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