Singapore drops two spots to become 14th most expensive city globally for expats

Singapore remains a costly location due to the strong Singdollar. - ST/ANN

SINGAPORE (The Straits Times/ANN): Singapore has fallen two places over the past 12 months to be the 14th most expensive city in the world for expatriates and it is now the seventh priciest in Asia, according to a new survey.

While Singapore has been overtaken by the Japanese cities Yokohama at 10th, Osaka at 12 and Nagoya at 13, living costs have remained largely steady and it remains a costly location due to the strong Singdollar.