The Economist recently released a list of expensive countries to live in, and to no one's surprise, Singapore topped the list for the fourth consecutive year. This finding is based on a survey comparing the prices of 160 goods and services from 133 countries. 


More From FemaleNetwork.com

Singapore is reportedly five percent more expensive than Hong Kong, which came in second place, and 20 percent pricier than New York City.

ADVERTISEMENT - CONTINUE READING BELOW

According to the Straits Times, the one thing that sets Singapore apart is the cost of owning a car. For example, a Volkswagen Golf sells for a little over $90,000 (P4,515,300) in Singapore; but it retails for only $20,000 (P1,003,400) in the U.S. 


Writer Mimi Ho explained, "It keeps the roads fairly clear for such a small island—Singapore is slightly larger than three and a half Washington, D.C.s—and helps keep it one of the greenest, if not the greenest, urban areas in Asia. This system means that only about 15 percent of Singaporeans own a car."

More From FemaleNetwork.com

This story originally appeared on Cosmo.ph.

* Minor edits have been made by the Femalenetwork.com editors.

Get the latest updates from Female Network
Subscribe to our Newsletter!
View More Articles About:
Singapore Tourism Board Travel
Recommended Videos
Comments

Latest Stories

Miss Vietnam 2018 H'Hen Nie Goes Barefoot During Her Final Walk

H'Hen Nie is the first beauty queen to hail from an ethnic minority group in Vietnam.

Use These Anti-Acne Products if You're Always Working OT this Holiday Season

These will help control oil production as you deal with more work and stress this month.

Family, Friends Remember Late Actor Mico Palanca

His family has already released an official statement on his passing.

Catriona Gray Shares Her Advice to Miss Universe Finalists

The reigning Miss Universe will soon pass on the crown to another deserving queen.

LOOK: Sarah Geronimo is Maid of Honor at Giorgia Guidicelli's Wedding

Matteo Guidicelli was also a groomsman at the wedding of Giorgina Guidicelli and Ian Dato in Cebu.

Bianca Gonzalez: 'Marriage requires effort'

Bianca Gonzalez encourages married couples to renew vows when it feels right.
Load More Stories