If you lived
in New York, you’d be paying $7.95 – R100.43 – for a loaf of bread, according to the Worldwide Cost of Living report recently released by The Economist Intelligence Unit. However, petrol would be costing you only $0.61, or R7.70 per litre.
The report explores the cities with highest and lowest cost of living in 2017.
According to the report, “Singapore retains its spot as the most expensive city in the world in our latest rankings. In fact, Asia is now home to 5 out of the top 6 cities in the survey as Asian cities have become comparatively more expensive. In 3rd place overall, Zurich is the most expensive European city, while New York is the sole North American city in the top ten.”
You can download the report from the EIU website: http://www.eiu.com/public/topical_report.aspx?campaignid=WCOL2017
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Author: Derrick Markotter
RCCI Webmaster Derrick runs a boutique web marketing agency, IdealMedia Marketing.