The most expensive capital in the world

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Singapore is the most expensive capital in the world

One of the studies carried out by the Economic Intelligence Unit indicates that Singapore, the capital of the Republic of Singapore, is the most expensive capital in the world. The study relied on comparing the prices of 160 different goods and services between foods and places of residence, and the price of 50 thousand commodities was compared in 2020 to verify the study. It is reported that Singapore is a somewhat exceptional place as it constitutes a city, a country and a region at the same time, and its government has worked to direct its economy through a set of distinctive regulations and strong implementation for several decades, which prompted Singapore to attract foreign talents and skills towards it, and caused a level rise The foreign workforce has to increase the demand for accommodations, and the need to provide their own food taste increases the cost of living in it.

Singapore is the capital

Singapore managed to rank first in the list of the most expensive cities in the world since 2013, and the cost of repair and purchase of a car in Singapore is the most expensive in the world, due to the imposition of high taxes and fees on cars, in order to reduce the negative impact of cars on the city to the minimum possible, It is noteworthy that the cost of food in Singapore is higher than the average cost in New York City.

Paris is one of the most expensive capitals in the world

Paris (the capital of France) is considered one of the most expensive capitals in the world and the most expensive in the euro area. The capital is witnessing an increase in living standards due to the high cost of housing in it, as the average cost of apartments in them reaches $ 1,800, and the cost of food and drinks in them is higher than the neighboring cities For her, in addition to the high prices of clothing in it, as it is one of the best cities in the world, and despite Paris affected by the euro crisis, it is still on the list of the most expensive cities in the world, due to the high wages of most of its residents, and the strong demand for goods and services of high quality.

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