Singapore Among Most Expensive Cities to Live in 2020, Again

Singapore Among Most Expensive Cities to Live in 2020, Again

The results are in and according to a recent report by CEOWORLD Magazine, Switzerland is the most expensive country to live in the world for 2020. While the mountainous Central European hub tops the list, its joined by several other locations throughout Europe, including nine of which dominated the ranking’s top 20 altogether.

CEOWORLD analyzed multiple metrics in order to determine the most expensive countries, noting that it collected and reviewed data from “dozens of studies,” as well as the consumer price index and Numbeo Cost of Living Index. The magazine then compared statistics across various costs of living, examining areas such as accommodations, clothing, transportation, utilities, groceries, dining out and more.

After compiling all of the data and then creating an index to work off of, CEOWORLD then chose New York City to serve as its benchmark, giving the metropolitan an index score of 100. Countries that scored above a 100 were considered “more expensive” than NYC, while scoring below was considered “cheaper.”

Switzerland came in first with a cost of living index falling at 122.4, and was followed by Norway (101.43), Iceland (100.48), Japan (83.35) and Denmark (83) in the top five. Only one North American country, the United States (71.05), made the top 20, while five came from Asia, two from the Caribbean, two from Oceania and one from Africa. Conversely, Pakistan (21.98) came in on the other end of the list as the “most affordable” country, followed by Afghanistan (24.24), India (24.58) and Syria (25.31).

Check out the full top 20 by scrolling below or visit CEOWORLD’s website now to read more on the study.

Elsewhere in travel, many of the aforementioned countries and more are grappling with the coronavirus as it continues to spread worldwide. Several fashion companies including Kering, LVMH, Swarovski and Alibaba donated over $2 billion worth of aid to China in January to help combat the outbreak.

Most Expensive Countries In The World To Live In, 2020:

1. Switzerland

2. Norway

3. Iceland

4. Japan

5. Denmark

6. Bahamas

7. Luxembourg

8. Israel

9. Singapore

10. South Korea

11. Hong Kong

12. Barbados

13. Ireland

14. France

15. Netherlands

16. Australia

17. New Zealand

18. Belgium

19. Seychelles

20. United States

Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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