The cheapest city is Alma-Ata in Kazakhstan, followed by Lagos (Nigeria) and Bangalore (India). Bucharest ranks last in top ten, alongside Kiev and New Delhi.

Singapore ranks first as the most expensive city in the world, followed by Hong Kong, Zurich, Tokyo and Osaka.

Four European cities are among the world’s ten most expensive cities: Zurich (4), Geneva (7), Paris (8) and Copenhagen (10).

The Economist Intelligence Unit (The EIU) is the research and analysis division of The Economist group.

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