Pandemic 'reshuffles rankings' of world's most expensive cities: EIU list

clock • 2 min read

Paris has taken the top spot in a worldwide survey of cost of living by the Economist Intelligence Unit (EIU), with the pandemic having upended many of the city rankings. The EIU's Worldwide Cost of Living index 2020 sees Hong Kong remaining at number 2, with Zurich a new entry at third in the table. Singapore has slipped to fourth place. Yet many of the changes reveal an increasingly expensive Europe, both for residents and expats. At the same time, cities in much of the Americas and Africa have seen their cost of living fall. A weaker dollar has reduced some costs in the US, for exa...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.