The Economist Intelligence Unit has released its latest The Worldwide Cost of Living survey that compares more than 400 individual prices across 160 products and services. These include food, drink, clothing, household supplies and personal care items, home rents, transport, utility bills, private schools, domestic help and recreational costs.

According to the survey , Singapore retained its title as the world’s most expensive city for a third year in a row and Zurich and Hong Kong followed closely in joint second place.

London,New York and Los Angeles also moved up the ranking to 6th, 7th and 8th place, respectively, displacing Sydney, Melbourne and Oslo from the ten most expensive cities.

The ten most expensive cities in the world

Country City

1-Singapore Singapore

2-Switzerland Zurich

3-Hong Kong Hong Kong

4-Switzerland Geneva

5-France Paris

6-UK London

7-US New York

8-Denmark Copenhagen

9-South Korea Seoul

10-US Los Angeles

The ten cheapest cities in the world

Country City

1-Zambia Lusaka

2-India Bangalore

3-India Mumbai

4-Kazakhstan Almaty

5-Algeria Algiers

6-India Chennai

7-Pakistan Karachi

8-India New Delhi

9-Syria Damascus

10-Venezuela Caracas

Source:The Economist Intelligence Unit