Singapore is one of the most expensive cities in the world. With a high quality of life, strong currency, and a higher living costs…both residents and expats feel the weight of expenses in The Lion City. In fact, Mercer’s 2024 Cost of Living report named Singapore as the second most expensive city for expatriates worldwide.
Singapore expensive city
Mercer’s 2024 report assesses the costs of more than 200 items in 226 cities worldwide. These items include food, clothing, transport, housing costs, household goods, and entertainment. The report found that the world’s most expensive city for expats is Hong Kong, followed by Singapore, and many Swiss cities such as Zurich, Geneva, and Basel at third, fourth, and fifth place.
Here are the Top 10 most expensive cities worldwide for expats:
- Hong Kong
- Singapore
- Zurich, Switzerland
- Geneva, Switzerland
- Basel, Switzerland
- Bern, Switzerland
- New York City, United States
- London, United Kingdom
- Nassau, Bahamas
- Los Angeles, United States
On the other hand, some of the world’s least expensive cities for expats include Pakistan’s Islamabad and Lagos in Nigeria. This report can be a great indicator those looking to work abroad in other countries.
Additionally, if you’re like us and you find Singapore super expensive, we’ve got a solution for you. Why not tuck into the cheapest food in town, or head to the best hawker centres, or find some of the cheapest things to do under $15? Otherwise, you can find the best free things to do in Singapore. Plus, you can sip your favourite beverages at the cheapest bars in Singapore this season.
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