Dear MEL
Topic Readers,
Is Singapore
really the world’s most expensive city?
The Republic
of Singapore, often called the Lion City, is a city-state locating nearly on
the equator in Southeast Asia. With a population of 5.6 million in just over
700km2 land space, it is the third most
populated state per square kilometer after Macao and Morocco. With GDP per
capita ranks 7th in the world, there is no wonder why the cost of living
or staying for expatriates or visitors is higher than other metropolitan cities
in the world. In fact, the city state is again ranked the costliest city to
live in for expatriates, according to a cost of living index compiled by a
business unit of The Economist.
Does it
really mean Singapore is the most expensive place to live in? Because the index
includes some heavily taxed items, such as wines and cars, it doesn’t reflect the
actual cost of normal living there. In fact, many residents seem to enjoy
comfortable and reasonable life without being punished by high-cost daily
necessities or real estate prices like in Zurich or San Francisco.
Enjoy reading
and learning what the cost of living is like in the Lion City.
No comments:
Post a Comment