The 28 Most Expensive Cities To Live In Around The World

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Singapore

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The Lion City is famous for its cultural diversity, stability and security, clean and green streets, modern skyscrapers, and its beautiful Marina Bay skyline. Despite its diminutive size, Singapore has made its mark as a global financial hub and as one of Asia’s economic tigers. It’s also the most expensive city in the world to buy a car thanks to the Vehicle Quota System (VQS) and Certificate of Entitlement (COE). The system allows the city to strictly monitor and control the number of vehicles on the road to avoid heavy traffic and prevent overstraining the infrastructure. When COEs are made available to residents, they are bid upon, and the bids determine the final price. When the demand is high, the price of the COE can get very high, and often exceeds the value of the vehicle itself. Furthermore, even though Singapore offers a myriad of affordable and incredibly delicious street food in its hawker stalls, it’s also the third-most expensive city for fine dining.