Tel Aviv has become the world’s most expensive city to live in, as soaring inflation has pushed up living costs globally, according to a survey published on Wednesday.
The city climbed five rungs to score the top place for the first time in the authoritative ranking compiled by the Economist Intelligence Unit, the research and analysis division of The Economist.
The Worldwide Cost of Living Index is compiled by comparing prices in U.S. dollars for goods and services in 173 cities.
Paris and Singapore came in joint second, followed by Zurich and Hong Kong. New York was in sixth place, with Geneva in seventh.
Rounding off the top 10 in order were Copenhagen, Los Angeles, and Osaka.
